Colombia holds rate on uncertain economic outlook


The board of directors of the Central Bank of Colombia left rates unchanged on July 27 as growth recovers due to higher oil prices and inflation remains close to target.

The benchmark interest rate remains at 4.25%. Inflation rose to 3.2% in June, above the 3% target, but it is unlikely to significantly exceed that level in the medium term, according to the central bank. “Analysts’ inflation expectations stand, on average, at 3.37% and 3.33% for December 2018 and 2019, respectively,” says the

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:

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: