In Latin America, inflation remained above central banks’ inflation targets in most economies, and monetary policy decisions were mixed. In Colombia, Banco de la República (the Central Bank of Colombia, BanRep) maintained its monetary policy rate (MPR) at 9.25%, while the Colombian peso (COP)…
Tovar-Jiménez, Julián David
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- Publicación |The international environment was characterized by lower interest rates in the U.S.
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Inflation indicators surpassed expectations, staying above the targets set by most central banks.
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The global economy proved resilient during the period analyzed, although signs of a slowdown emerged towards the end of the quarter.
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Inflation indicators remain above the target of most central banks despite continuing to show a decline in most countries.
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Despite significant declines in 2023, inflation indicators remain above the target of most central banks.
