Rates round-up: Latin American central banks battle persistent inflation
Colombian, Dominican and Nicaraguan central banks hike rates as inflation stays high
Colombia: The Central Bank of Colombia increased interest rates by 150 basis points on July 29 as it aims to bring inflation down to the 2–4% target.
In June, inflation increased year on year by 9.7%, up from 9.1% in May, its policy statement noted. Additionally, core inflation excluding food and regulated prices rose from 5.9% to 6.1% over the same period.
Inflation expectations continue to rise. A survey of analysts carried out by the central bank found average inflation forecasts for 2022
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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Supervisors grapple with the smaller bank dilemma
- ECB says iPhone is currently incompatible with digital euro
- Central bank of the year: Central Bank of Brazil