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Central Bank Voted 5-2 To Hold Rates

COLOMBIA

Interestingly, two members at today's meeting voted for a rate cut. Governor Echavarria stated:

  • COLOMBIA NOV. INFLATION WAS 'SURPRISINGLY' LOW
  • COLOMBIA CENBANKERS WHO VOTED FOR CUT POINTED TO CPI SURPRISE
He also announced:
  • COLOMBIA TO RETURN TO 8 POLICY MEETINGS PER YEAR (bbg)

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