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Latin America's easing trend

Coverage of Latin America's easing trend in the Nexus archive.

Earliest in view: Jul 1 · 06:19 UTCMost recent: Jul 1 · 06:19 UTC
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  • BUSINESSJul 1 · 06:19 UTCTHE RIO TIMES
    Colombia Raises Its Interest Rate to 12%, Bucking Latin America’s Easing Trend

    Colombia's central bank raised its benchmark interest rate to 12% on June 30, exceeding analysts' expectations of 11.75%. The decision was supported by four of seven board members, while two favored a 50bp cut and one, Finance Minister Germán Ávila, advocated a hold. The move contrasts with Latin America's broader trend of easing monetary policies.