Programming and Inflation Department
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In 2010, the annual CPI variation was 3.17%, this figure being close to the midpoint of the inflation target range (between 2% and 4%) fixed for this year by the JDBR, the Board of Directors of Banco de la Republica, the Central Bank of Colombia. In the past quarter, the so-called “La Niña”…
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OBJECTIVESMonetary policy in Colombia is based on inflation targeting, which is intended primarily to keep inflation low and to ensure stable growth in output near its long-term trend. Accordingly, the objectives of monetary policy combine the goal
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The Inflation Targeting Scheme in Colombia
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The Inflation Targeting Scheme in Colombia
OBJECTIVES
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The Inflation Targeting Scheme in Colombia
OBJECTIVES
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The Inflation Targeting Scheme in Colombia
OBJECTIVES
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The Inflation Targeting Scheme in Colombia
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