Free Trial

BanRep Steiner Says Inflation Rate Makes Rate Cuts Imprudent

COLOMBIA
  • Colombia central bank co-director Steiner has been speaking at a capital markets event organized by Asobancaria:
    • Steiner warns against high Colombia minimum wage increase
    • Colombia output gap is still positive pressuring prices
    • Colombia’s inflation rate makes rate cuts imprudent
    • Colombia still needs contractionary monetary policy
    • Colombia isn't able to cut rates in line with peers
    • Colombia inflation is slowing but it's still too high (BBG)

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.