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Moody's Holds Colombia Event Discussing Credit Outlook

COLOMBIA
  • 1600BST/1000Bogota Time - In Colombia, Moody's holds its Inside LatAm: Colombia event where analysts from the rating agency including Renzo Merino and Mauro Leos will talk about the country's credit outlook.
    • For reference, Moody's is the only rating agency of the main three that has the country in investment grade, following recent downgrades by both S&P and Fitch.
  • 5pm: Colombia technical Deputy Finance Minister Jesús Bejarano participates in an event organized by Skandia.
  • As a reminder, the BanRep rate decision and statement will be released on Friday. According to analysts surveyed on Bloomberg, there appears to be unanimity that the central bank will hold rates at 1.75%. High headline inflation implies risks, but subdued core prices and stable inflation expectations limit concerns and reduce pressure for policy makers to increase rates.
    • Our full preview with accompanying analyst views will be published later this week.

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