MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

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

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

Weaker Activity Data May Bolster BanRep Doves Easing Case

COLOMBIA
  • Weaker than expected economic activity data will likely bolster the case for the initiation of the easing cycle at this month’s policy decision on October 31. This will likely be spearheaded by Finance Minister Bonilla, who very likely voted for a 25bp cut at the previous meeting.
  • The two dissenting members in September “expressed concern that an amplification of the economic slowdown could threaten household income and undermine the progress in reducing poverty achieved in 2022”.
  • However, it is worth noting that expectations remain for a hold this month, with yesterday’s release of the central bank’s economist survey forecasting the first rate cut to be a 50bp move in December following the annual rate of inflation remaining close to 11.00% in data released earlier this month.
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.