Colombia
Colombia holds rates in surprise move
Banrep says Middle East conflict and El Niño could intensify inflationary pressures
Can Banrep survive schism with government?
Finance minister’s withdrawal from board could prevent next two rate decisions from going ahead
Colombia’s rate hike prompts government backlash
Finance minister Germán Ávila exits Banrep board in protest at 100 basis point tightening
Payments and market infrastructure development – retail: Central Bank of Colombia’s Bre-B
Colombia’s new federated payments system achieved success due to thoughtful planning, proactive regulation and successful onboarding
Colombia shocks markets with 100bp rates hike
First tightening in nearly three years comes after government announces 23% rise in minimum wage
Colombia cancels $8.4bn credit line with IMF
Announcement comes after fund said facility would stay suspended due to country’s fiscal problems
Banrep’s Villar voices support for monetary independence
Colombian central bank governor defends constitutional arrangements amid attack from president
Colombia’s unexpected rate hold draws fire from president
Policy maintained at 9.25% could mean fewer or no rate cuts in upcoming meetings, analysts say
Colombia holds rates amid government pressure for cuts
Banrep board divided after three new members join; country’s president says decision “unacceptable”
Can central banks cut remittance fees to sustainable levels?
More action is needed to reach the UN’s 3% global average cost target. But central banks face limits on what they can do
Central bankers from Americas respond to Trump’s tariff shock
Canadian, Mexican, Colombian and Fed governors speak of post-Covid realities at BIS conference
Colombia unexpectedly holds policy rate
Central bank pauses easing cycle as minimum wage hike complicates inflation dynamics
People: Palestine Monetary Authority appoints new governor
Plus board appointments in Colombia and UK, and Central Bank of Iceland’s new chief economist
Colombia surprises markets and slows easing cycle
Quarter point cut a “strong message” of independence by central bank, analysts say
Colombia cuts rates by 50bp in split decision
Recent constitutional reform bill could hurt fiscal sustainability, says central bank
Colombian policy reforms boosted transparency, paper finds
Economists say central bank’s 2018-19 overhaul increased transparency based on two indexes
‘Pooling’ models generates better output gap estimates – paper
Economists say measuring gap in real time is particularly challenging in developing countries
Colombia cuts rates by 50bp in split decision
Uncertainty over fiscal budget prevents further easing, analysts say
LatAm rates round-up: Brazil and Chile hold while Colombia cuts
Central banks maintain cautious stance as disinflation slows across region
Four central banks commit to responsible artisanal gold principles
Colombia, Ecuador, Mongolia and the Philippines commit to principles aimed at guiding domestic small-scale, gold-buying schemes
Colombia cuts rates by 50 basis points to 12.25%
Two board members back higher rate cuts amid positive economic outlook