MNI: US JAN FINAL SERVICES PMI 52.9 (FLASH: 52.8); DEC 56.8

MNI BRIEF: U.S. Wage Growth Stagnating At Strong Levels - ADP

CANADA'S 2024 U.S. TRADE SURPLUS WAS CAD102B VS PRIOR CAD108B

MNI China Daily Summary: Wednesday, February 5

MNI BRIEF: China Spring Festival Trips Up 5.9% Y/Y

MNI: PBOC Net Drains CNY716.5 Bln via OMO Wednesday

US EIA: CRUDE OIL STOCKS EX SPR +8.66M TO 423.8M JAN 31 WK

MNI: US ISM JAN SERVICES COMPOSITE INDEX 52.8

MNI: CANADIAN DEC TRADE BALANCE CAD +0.7 BILLION

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

COLOMBIA: BanRep Keeps Interest Rate Unchanged At 9.50% In Split Decision

COLOMBIA
BulletEM BulletEmerging Market News
  • "*COLOMBIA CENTRAL BANK KEEPS OVERNIGHT RATE UNCHANGED AT 9.50%" - BBG
  • A majority of analysts had expected a 25bp cut to 9.25%
  • "Five directors voted in favor of this decision, one for a 25 bps reduction and one for a 50 bps reduction."
  • "The decision to keep the policy interest rate unchanged pauses the process of cuts that began in December 2023. The new information available in the coming months will provide more information on the magnitude and speed at which monetary policy can be relaxed. This decision maintains the Board's commitment to the convergence of inflation to the target in a context of recovering economic growth."
    • The monetary policy statement is here (Spanish only)
111 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • "*COLOMBIA CENTRAL BANK KEEPS OVERNIGHT RATE UNCHANGED AT 9.50%" - BBG
  • A majority of analysts had expected a 25bp cut to 9.25%
  • "Five directors voted in favor of this decision, one for a 25 bps reduction and one for a 50 bps reduction."
  • "The decision to keep the policy interest rate unchanged pauses the process of cuts that began in December 2023. The new information available in the coming months will provide more information on the magnitude and speed at which monetary policy can be relaxed. This decision maintains the Board's commitment to the convergence of inflation to the target in a context of recovering economic growth."
    • The monetary policy statement is here (Spanish only)