MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

Villar Says Fiscal & Monetary Policy Working In Coordinated Manner

COLOMBIA
  • BanRep Governor Leonardo Villar has reiterated (in a Bloomberg interview) that any subsequent decisions “will depend on the information we have at the time of the corresponding meeting.” However, Villar also noted that “it would really be very difficult to think that a downward decision could be made in July, that is something that we must look at very cautiously and this is what both the Finance Minister and I have announced.”
  • Speaking more broadly as we approach the first full year of a Petro government, Villar said “on the macroeconomic front, conditions have been quite favorable and, especially since October 2022, credibility has been gaining for various reasons, including the Government's commitment to the Fiscal Rule, decisions such as the price adjustment of gasoline, which is unpopular but necessary and convenient, and respect and harmony with the Board of the Banco de la República, which has been a characteristic of what has happened in recent months.”
  • “The economy is relatively calm, there is a slowdown process that we had foreseen and that we saw necessary, but from the macroeconomic point of view we are progressing well and fiscal and monetary policy are working in a harmonious and coordinated manner.”
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.