Free Trial

Colombia Economic Activity, BCCh & BanRep Decisions Tuesday

LATAM
  • Key data in LatAm today will be the release of Colombia economic activity. Focus will then quickly turn to Tuesday’s central bank decisions in Colombia and Chile, both of which have split surveyed forecasts. Brazil central bank minutes will also be released on Tuesday.
  • US: Fed’s Mester Joins In Rate Cut Pushback...But Few Are More Dovish For 2024 - Cleveland Fed Pres Mester joined with colleagues in a pushback against market cut repricing after last week's FOMC meeting, telling the FT in an interview published this morning that the implied path of rates was "a little bit ahead" of where the Fed sees things - "They [markets] jumped to the end part, which is ‘We’re going to normalize quickly’, and I don’t see that.”
  • ECB: The European Central Bank will need at least until spring before it can reassess its policy outlook and market expectations for an interest rate cut in March or April are premature, ECB policymaker Bostjan Vasle said on Monday."Market expectations for interest rates cuts are premature in my view, both with regard to the start of cuts and the totality of moves.

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.