Colombian governor warns Latin America could be hit hard by end of US QE
The governor of the Central Bank of Colombia, José Darío Uribe, has warned that a withdrawal of quantitative easing by the US could have a severe impact on Latin America, but said he believed the region was well prepared to absorb such a shock.
Speaking at a meeting of the Centre for Latin American Monetary Studies, Uribe said episodes of US monetary tightening in both the 1980s and 1990s were "traumatic" for many countries in Latin America, creating simultaneous negative shocks to demand and to
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