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Co-Director Steiner Describes Inflation Outlook As "Much More Challenging"

COLOMBIA

Colombia's inflation outlook has become "much more challenging" in recent months, according to Bank co-director Roberto Steiner, adding to pressure on the country to join the regional trend for higher interest rates. (BBG)

  • Core inflation expectations are one of the key indicators to help decide when that time has come.
  • "At some point we are going to have to start to diminish that momentum that comes from monetary policy and the board is constantly looking at the figures to see when the time is right," Steiner said Tuesday in an interview.

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