Free Trial

COLOMBIA: BanRep’s Taboada Reiterates Cautious Policy Approach Necessary

COLOMBIA
  • Central bank co-director Bibiana Taboada spoke in online event organized by Itaú late Wednesday. Taboada highlighted that risks and uncertain forecasts mean that cautious approach is necessary with monetary policy, while the bank seeks CPI convergence within a ‘prudent’ time. She noted that while 12-month inflation expectations are anchored close to the 3% target, investment is very weak, and the fiscal outlook remains challenging.
  • Separately, BanRep Governor Leonardo Villar speaks at a conference today in Cartagena. There are no domestic data releases due.

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.