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Finance Minister Says BanRep Must Cut 75-100bp Per Meeting

COLOMBIA
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  • COLOMBIA FINMIN SAYS CENBANK MUST CUT RATE BY 400BPS THIS YEAR (BBG)
  • COLOMBIA FINMIN RICARDO BONILLA COMMENTS IN MINISTRY POST ON X
  • Finance Minister Bonilla has struck a consistently dovish tone in recent months and voted for a 100bp interest rate cut at the last BanRep MPC meeting in March (when it cut by 50bp) .
  • The next BanRep MPC meeting will be held on April 30, when it is expected to deliver another 50bp cut to 11.75%.
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  • COLOMBIA FINMIN SAYS CENBANK MUST CUT RATE BY 400BPS THIS YEAR (BBG)
  • COLOMBIA FINMIN RICARDO BONILLA COMMENTS IN MINISTRY POST ON X
  • Finance Minister Bonilla has struck a consistently dovish tone in recent months and voted for a 100bp interest rate cut at the last BanRep MPC meeting in March (when it cut by 50bp) .
  • The next BanRep MPC meeting will be held on April 30, when it is expected to deliver another 50bp cut to 11.75%.