Central bank of Colombia: interest rates con go lower

The statement came after the Central Bank had decided to keep interest rates at 1.75% last month. According to the Bank’s governor, any further action on the local interest rate should consider macroeconomic variables in developed countries such as the United States. “Our economies are still very vulnerable to external shocks and, in particular, to abrupt changes in terms of trade and international financial conditions,” Villar added.

Source: Valoraanalitik