Colombia's Uribe explains why he is still raising rates

Jose Dario Uribe at Banco de la Republica de Columbia

Banco de la República de Colombia raised its overnight lending rate by 25 basis points to 5% on January 30, making it one of a declining number of central banks still raising benchmark interest rates. The Colombian central bank stopped its monetary tightening during the third quarter of last year amid fears of a slowdown in world markets, but resumed raising rates with a 25bp increase in November ahead of its latest move this year.

"When comparing the monetary policy responses of different

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: