March 30, 2023 13:41 GMT
BanRep Decision Scheduled Around 1900BST/1400ET
- According to surveyed analysts, the most probable outcome for today’s BanRep meeting will be a 25bp hike, bringing the overnight rate to 13.00%. However, there are several analysts that believe the committee will vote for a bolder 50bp increase to 13.25%.
- The full MNI preview with analyst views is here: https://roar-assets-auto.rbl.ms/files/52254/MNI%20BanRep%20Preview%20-%20March%202023.pdf
- Colombian President Gustavo Petro’s bid to reform the health system is at risk after the Conservative, de la U, and Liberal parties removed their support for the project that seeks to slash the role of private insurers in the country’s health system.
- Worth reminding that on Wednesday, stats agency DANE announced they will now publish its inflation data on the fifth working day of each month instead of the current schedule of posting the information on the fifth calendar day. The publication time changes to 6pm from 6am currently and these changes will take place from June 2023.