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President Petro Renews Calls For Easing

COLOMBIA
  • Colombia President Petro renews his call for BanRep to begin easing their monetary policy stance - tweeting an article citing the business community and their call for lower rates:
  • "I support the Colombian business community in its proposal to begin lowering the interest rate. It is time to grow the economy, production and social justice."
  • Petro's comments come despite little expectation that the Banrep will cut rates today - decision is due at 1900BST/1400ET and rates are expected unchanged at 13.25%. Full MNI Preview here: https://roar-assets-auto.rbl.ms/files/55953/MNI%20...

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