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BanRep Statement and Initial Comments From Villar

COLOMBIA
  • Colombia: Link to statement: https://www.banrep.gov.co/es/junta-directiva-del-b...
    • Projections of GDP growth to 9.8% by 2021 and 4.7% by 2022.
    • The Bank revised up the inflation forecast to 4.9% and 3.6% by the end of 2021 and 2022, respectively.
  • Colombia Cenbank Chief Villar Speaks In Bogota:
    • Colombia real interest rate is amply expansionary (BBG)
    • Colombia policy to remain expansionary for much of 2022 (BBG)
    • Colombia interest rate level provides strong stimulus (BBG)

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