The meeting had been scheduled for March 31; however, the Minister of Finance and Public Credit must attend an international engagement on that date. The meeting of the Board of…
OLD Prices, inflation and monetary policy
Below are the contents available on the site related to the query.
- Noticias |
- Publicación |
I must begin by saying something that you know very well. The policy interest rate of Banco de la República (the Central Bank of Colombia) has drastically increased over the past year and a half, completing an increase of 11 pp since the beginning of the current cycle of increases in September…
- Noticias |
Five Board Members voted in favor of this decision, and two voted for a 25 bp increase. In their policy discussion, the Board of Directors considered the following elements:
- Noticias |
- Noticias |
In their policy discussion, the Board of Directors took the following factors into account:
- Publicación |1.1 Macroeconomic summary
In September, headline inflation (11.4% annually) and the average of core inflation indicators (8.6% annually) continued on a rising trend, and higher increases than expected were recorded. Forecasts increased again, and inflation expectations remained above 3…
- Noticias |
Four Board Members voted in favor of this decision. One Bord Member voted for an increase of 125 bp, and another voted for an increase of 25 bp.In their policy discussion, the Board of Directors considered the following elements:
- Publicación |Abstract
Price dispersion is a prevalent feature even of markets where, arguably, homogeneous good are traded. At the heart of the causes of price dispersion lie the firms’ strategic interactions with their customers and rivals. Consumers’ eagerness and ability to search for lower prices tends…
- Noticias |
The increase in inflation is the result of the convergence of multiple phenomena, including historically high external and internal cost shocks and high levels of demand. Added to these, indexation processes to higher inflation rates and exchange rate pressures on prices in a context of…
- Publicación |
Online Presentation delivered at the webinar held by the National Bank of Ukraine and the Euro Area Business Cycle Network (EABCN): Session 1. Effectiveness of Inflation Targeting with Limited Monetary Policy Transmission.
- Publicación |Abstract
Colombia is particularly affected by the El Niño Southern Oscillation (ENSO) weather fluctuations. In this context, this study explores how the adverse weather events linked to ENSO affect the inflation expectations in Colombia and how to incorporate these second-round effects into a…
- Publicación |Abstract
We introduce a methodology for generating alerts of potential anti-competitive practices in the Colombian wholesale electricity market.
- Noticias |
Banco de la República's Board of Directors (BDBR) unanimously decided to raise the monetary policy interest rate by 100 basis points (bp) to 11%.
In the discussion on monetary policy, the following elements were considered:
- Noticias |
During the previous month, adverse financial conditions worsened, brought on by global and idiosyncratic factors. These conditions caused —among other effects— a higher monthly depreciation than that of other emerging economies.
- Publicación |Abstract
We investigate the effects of a change in the regulation of the spot market for electricity in Colombia that took place in 2009. Specifically, the regulation switched from an auction mechanism with simple bids to one with complex bids to allow generators to separately bid on variable…
- Publicación |1. Summary1.1. Macroeconomic summary
In the second quarter, annual inflation (9.67%), the technical staff’s projections and its expectations continued to increase, remaining above the target. International cost shocks, accentuated by Russia's…
- Noticias |
This policy decisión was based on the following considerations.
- Noticias |
Six Board Members voted in favor of this decision and one member voted for a 50-bp increase.
In its policy discussion, the Board considered the following elements:
- Publicación |
Presentation made in 10th Annual Conference: Is inflation back, and in which form?, Swiss Geneva
- Noticias |
The decision was based on the following considerations:
