September 30, 2024 17:30 GMT
COLOMBIA: BanRep Interest Rate Decision Due In 30 Minutes
COLOMBIA
- As a reminder, BanRep will make its latest interest rate decision around 1900BST(1400ET), when a majority of analysts expect it to deliver another 50bp cut in the overnight rate to 10.25%. While falling inflation and the Fed’s bold start to its easing cycle provide the central bank with some room to deliver a larger cut, on-going fiscal risks and concerns about the currency may prompt a more cautious approach from the majority of the Board.
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