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Author(s) / Editor(s): 
  • Equipo Técnico
  • Gerencia Técnica
  • Vargas-Herrera, Hernando
  • Subgerencia de Política Monetaria e Información Económica
  • Ospina, Juan José
  • Departamento de programación e inflación
  • Huertas-Campos, Carlos Alfonso
  • Cobo-Serna, Adolfo León
  • Caicedo-García, Edgar
  • Cote-Barón, Juan Pablo
  • Martínez-Cortés, Nicolás
  • Rojas, Carlos Daniel
  • Pulido, Karen
  • Garavito-Acosta, Aarón Levi
  • Calderón, Luis Hernán
  • González, Camilo
  • Salazar-Diaz, Andrea
  • Galeano, Franky
  • Gaitan, Celina
  • Restrepo-Ángel, Sergio
  • Parra-Amado, Daniel
  • Hamann, Franz
  • Pérez-Amaya, Julián Mauricio
  • Romero-Chamorro, José Vicente
  • Forero, Santiago
  • Moreno, Nicolás
  • De Castro, Marcela
  • Naranjo, Sara
  • Guarín-López, Alexander
  • Anzola, Cesar
  • Méndez-Vizcaíno, Juan Camilo

Monetary Policy Report - January 2020

Publicado el: 
Thursday, 6 February 2020
  • International interest rates should remain low through 2020 and 2021, with foreign demand for Colombian goods and services recovering slowly.
  • The Colombian economy grew by an estimated 3.2% in 2019.
  • The Bank’s technical staff revised its estimates of the Colombian economy’s production capacity and utilization rate for 2019.
  • For 2020 and 2021, the technical staff’s growth forecast remains at 3.3%, alongside lower projected excess production capacity.
  • Starting in the first quarter of 2020, inflation will reconverge with the 3% target, as the effects of temporary supply shocks continue to diminish.
  • In its December 2019 and January 2020 meetings, the Central Bank of Colombia’s Board of Directors (BDBR) unanimously
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