Banco de la Republica, Colombia - minutes

The board of directors of the Banco de la Republica, Colombia decided unanimously to cut the intervention rate by a half a basis point to 9.50%, the minutes of the 19 December meeting show.

The board judged that both long-term interest rates and inflation expectations had dropped since the previous meeting and that productive activity, especially in industry and commerce weakened.

Click here to read the minutes

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