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BanRep Hike Rates by 100bps, A Smaller Hike Than Forecast

COLOMBIA
  • Colombian central bank raise rates by 100bps to 10.00%. A smaller hike than median consensus at 100bps vs. Exp. 150bps. Majority looked for larger hike today, but decent minority predicted 100bps.
  • Villar notes that the vote was split among the board,
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  • Colombian central bank raise rates by 100bps to 10.00%. A smaller hike than median consensus at 100bps vs. Exp. 150bps. Majority looked for larger hike today, but decent minority predicted 100bps.
  • Villar notes that the vote was split among the board,