MNI: PBOC Sets Yuan Parity Higher At 7.1312 Weds; -0.34% Y/Y

MNI: PBOC Net Drains CNY248 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1312 WEDS VS 7.1291

MNI BRIEF: 'Noise' Driving Economic Deterioration- Campos Neto

MNI China Daily Summary: Tuesday, July 2

Australia May Total Dwelling Approved +5.5%

Australia May Retail Trade +0.6%

MNI: AUSTRALIA MAY RETAIL SALES +0.6% M/M

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

MNI Colombia Central Bank Review - June 2024: Faster CPI Convergence Needed For Bolder Easing

The Colombian central bank decided to cut the repo rate by 50bp to 11.25% at its June meeting.

Bank of Rep (Colombia) - ReviewHomepageLatAm Bank - ReviewEM Central Bank ReportsEM Central Bank ReviewEmerging Market News

Executive Summary

  • The Colombian central bank decided to cut the repo rate by 50bp to 11.25% at its June meeting. The decision was split, as expected, with two members of the committee voting for a 75bp move and one member absent.
  • The outcome was in line with market expectations, and the still cautious statement suggests that the central bank will continue cutting at the same 50bp pace for the time being.
  • Beyond July, some analysts still see scope for the easing pace to be accelerated to 75bp.

Click here to view the full review:

MNI BanRep Review - June 2024.pdf

105 words

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.

Executive Summary

  • The Colombian central bank decided to cut the repo rate by 50bp to 11.25% at its June meeting. The decision was split, as expected, with two members of the committee voting for a 75bp move and one member absent.
  • The outcome was in line with market expectations, and the still cautious statement suggests that the central bank will continue cutting at the same 50bp pace for the time being.
  • Beyond July, some analysts still see scope for the easing pace to be accelerated to 75bp.

Click here to view the full review:

MNI BanRep Review - June 2024.pdf