Colombian Central Bank Defies Petro and Cuts Key Rate to 11.25%

📆 6/28/2024 6:32 PM
📰 BNNBloomberg

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Colombia’s central bank cut its benchmark interest by half a percentage point to 11.25% on Friday in a split decision, defying government pressure to accelerate the pace of monetary easing to revive economic growth.

Colombian Central Bank Defies Petro and Cuts Key Rate to 11.

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