FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

IMF Says Rate Cuts Should Be Cautious

COLOMBIA
  • The IMF published the conclusions of its Article IV review of Colombia yesterday. The economy is expected to expand by 1.3% this year, similar to last year’s 1.2% pace, supported by a gradual recovery in private investment. Inflation has been more persistent than expected, but is still set to decline to the 3% target by end-2025. However, a stronger-than-expected El Nino and high indexation present upside risks. As a result, BanRep interest rate cuts should be cautious, in its view. On the fiscal front, the IMF notes the risks from planned increases in the deficit this year, adding that possible healthcare and pension reforms should comply with the fiscal framework.
  • Today, Q4 GDP data will be published at 1600GMT(1100ET), with analysts expecting the economy to have contracted by 0.5% q/q (vs. +0.2% prior). In annual terms, GDP growth is expected to have risen to +0.8% y/y, from -0.3%. December economic activity data will also be released, with growth expected to have moderated in the final month of the year.
    • 4Q GDP QoQ, est. -0.5%, prior 0.2%
    • 4Q GDP NSA YoY, est. 0.8%, prior -0.3%
    • Dec. Economic Activity NSA YoY, est. 0.8%, prior 2.3%
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.