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BanRep Monthly Meeting, No Policy Decision

COLOMBIA
  • In Colombia, the central bank’s board holds its monthly meeting. While a policy meeting isn’t scheduled, in its survey of expectations, Citi said that when asked about the possibility of a rate decision today, only one analyst expects a surprise rate hike.
    • Such a possibility was downplayed by central bank board members.
  • In “Market Talk”, Bloomberg spoke with financial professionals and a political analyst about what to expect in the upcoming elections and the impact of political risk on Colombian assets:
    • The biggest question for investors in Colombia is whether the country will elect Gustavo Petro as its president this year, which would be the first leftist government for the Andean nation.

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