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Lofty Inflation Seen Tipping BanRep For Further 150bps

COLOMBIA
  • BanRep are seen tightening policy further at their rate decision later today, with the majority of analysts looking for a 150bps hike. Nonetheless, a sizeable minority look for a smaller 100bps move.
  • Full MNI Preview here: https://roar-assets-auto.rbl.ms/documents/19034/MNIColCBPrevSep22.pdf
  • Elsewhere, the finance minister’s office has confirmed plans for two VAT-free days in 2023, to be included in the tax reform bill headed to Congress next week. The policy aims to promote local produce, with the fiscal impact estimated at around COP100bln.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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