Colombia
Colombian central bank raises rates by 100 basis points
Three board members voted for a 150bp hike
Two Latin American central banks raise rates
Colombia’s two MPC dissenters call for steeper hikes; Dominican Republic raises rates 50bp
Court will not suspend Carrasquilla appointment to Colombian central bank
Lawyers allege appointment is form of state capture and violates gender quota law
Leading Colombian presidential candidate plans central bank reform
Gustavo Petro claims current government has captured the board of directors
IMF report supports Colombia’s policy tightening
Colombia vulnerable to external shocks and needs higher reserves, IMF staff say
Union objects to Colombian central bank’s branch closures
Bank of the Republic is converting some regional offices to cultural centres, closing treasuries
Central Bank of Colombia steps up tightening cycle
Full percentage point hike comes as both inflation and growth rebound
Colombia stays on trend with 50bp hike
Central bank board unanimous on raising rate, but splits 4–3 on size of increase
Colombian central bank leaves inflation target unchanged
Rise in inflation is likely to prove transitory, board says, as it sticks to 2% to 4% range
Colombia continues tightening monetary policy
Central bank board unanimous on raising rates, but splits 5–2 on size of increase
Colombia raises policy rate for first time since 2016
Board forecasts inflation will be above target band for the rest of this year
Colombian lawyer asks court to annul central bank appointment
Lawsuit alleges president broke gender equality law in naming former finance minister
Colombian president’s central bank appointment draws strong criticism
Opposition politicians allege ex-finance minister’s place on board endangers independence
Colombian central bank joins DLT bond issuance pilot
Technology could cut costs and offer faster processing, traceability, security and risk management
Colombia’s central bank revises up growth forecast
Board maintains rates at 1.75%, as IMF says delays in vaccination could hamper recovery
People: IMF finance department director to retire
Third new board member at Colombia central bank; Nigeria appoints deposit insurance head; and more
The changing data landscape: Part 2
Central Banking speaks to Philip Abradu-Otoo, Juan José Ospina and Howard Chang about whether there is a need to change underlying infrastructure to bolster data-driven policy-making
Colombian president sparks controversy with central bank appointments
Opposition senator claims choice of board members shows nepotism and state capture
Colombian central bank holds rates under new governor
Interest rates remain at 1.75%, a record low; board split in a 5–2 vote
Colombia names new central bank governor
Senior economist focused on development set to take office in January
Colombia draws on IMF’s FCL funds for first time
Government resorted to $5.4 billion drawing to help meet higher pandemic financing needs
Colombia’s governor to leave central bank in December
Departure could open door to Ana Fernanda Maiguashca as first female governor
IMF expands flexible credit line with Colombia
The impact of the Covid-19 crisis is larger than when the programme was renewed in April, says central bank
Colombia cuts rates to record-low 2%
Below-target inflation allows new central bank action to boost growth