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Bcu Defines Whether to Pause Rate Cuts Amid Low Inflation and External Volatility
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In a decision stressing caution against international instability, the Monetary Policy Committee of the Central Bank unanimously decided to keep the Monetary Policy Rate (MPR) at 5.75%. The measure seeks to consolidate the convergence of inflation towards the centre of the 4.5 per cent annual target within the Monetary Policy Horizon (HPM), at a time when positive local signals contrast with a convulsed exterior. “The domestic inflation landscap…
The market anticipates the end of the cycle of casualties and projects a pause, foreseeing even an increase of 25 basic points towards the second semester
·Bogotá, Colombia
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