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MNI BanRep Preview - 1900BST/1400ET

COLOMBIA

MNI BanRep Preview - 1900BST/1400ET - Thursday, June 30, 2022.

  • The majority of analysts expect BanRep to increase the hiking pace at the June meeting, raising the overnight lending rate by 150bps to 7.50%.
  • A further deterioration in both the domestic and global inflation outlook, a more hawkish Federal Reserve, the continued strong growth dynamics in Colombia and renewed pressure on the Peso all point towards the balance shifting within the committee, leaving a more aggressive hike as the most probable outcome.
  • The full MNI preview with analyst views can be found here:

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