Latin America Documents | 19 July. 2016 Domestic Demand is Slowing in Colombia - Rate Cuts Soon?
Markets are reacting to Colombia's disappointing activity figures, released Friday, by pulling forward expectations for the country's first rate cut to December. The data certainly looked weak--especially upon close examination--and we expect
growth to slow further. But we think that inflation is still too high to expect rate cuts this year.
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Markets are reacting to Colombia's disappointing activity figures, released Friday, by pulling forward expectations for the country's first rate cut to December. The data certainly looked weak--especially upon close examination--and we expect growth to slow further. But we think that inflation is still too high to expect rate cuts this year.
Posted: 19th Jul 2016 in 'Latin America Documents'
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