Colombian Central Bank leaves interest rate at 1.75%, at least until January

The Board of Directors of the Central Bank voted five in favor and two against to leave interest rates at 1.75%. The next meeting will be in January 2021, to make the decision that will apply for the month of February. the Board of Directors highlighted that “inflation expectations for the end of 2021 and 2022 are 2.7% and 3% respectively”.

Source: Dinero