OLD Prices, inflation and monetary policy

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, June 30, 2017. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

The Board of Directors of Banco de la República at today’s meeting decided to reduce the benchmark interest rate by 50 bp to 5.75%. For this decision, the Board mainly took into account the following aspects:

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, May 26, 2017. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, April 28, 2017. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, March 24, 2017. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

The Inflation Targeting Scheme in Colombia

OBJECTIVES

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, February 24, 2017. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

The Inflation Targeting Scheme in Colombia

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, January 27, 2017. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

The Board of Directors of Banco de la República at today’s meeting decided to maintain the benchmark interest rate at 7.5%. For this decision, the Board mainly took into account the following aspects:

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, December 16, 2016. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; José Darío Uribe Escobar, Governor of the Central Bank; and co-…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, November 25, 2016. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; José Darío Uribe Escobar, Governor of the Central Bank; and co-…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, October 28, 2016. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; Hernando Vargas, Deputy Governor of the Central Bank; and co-directors…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, September 30, 2016. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; José Darío Uribe Escobar, Governor of the Central Bank; and co-…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Wednesday, August 31, 2016. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; José Darío Uribe Escobar, Governor of the Central Bank; and co-…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, July 29, 2016. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; José Darío Uribe Escobar, Governor of the Central Bank; and co-directors…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Wednesday, June 22, 2016. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; José Darío Uribe Escobar, Governor of the Central Bank; and co-directors…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, May 27, 2016. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; José Darío Uribe Escobar, Governor of the Central Bank; and co-directors…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, April 29, 2016. In attendance were Mauricio Cárdenas Santamaría, Minister of Finance and Public Credit; José Darío Uribe Escobar, Governor of the Central Bank; and co-directors…

The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 50 bp to 7.0%. For this decision, the Board mainly took into account the following aspects: