Skip to main content

Colombia’s Villar says tight policy necessary for future growth

Governor says inflation more stubborn than in neighbours, but will fall soon

Banco de la Republica
Central Bank of Colombia branch in Cartegena
Rachael King

The governor of the Central Bank of Colombia (BCC), Leonardo Villar, told a banking conference the supposed trade-off between fighting inflation and economic growth was a “false dilemma”.

Villar also discussed why Colombian inflation has not yet begun to decline, though price pressures have subsided in neighbouring countries.

Speaking on February 9, Villar said high interest rates now would ensure lower ones later. These are necessary for investment and growth over the longer term, he said.

V

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

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

Iniciar sesión
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

.