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Minutes for Banco de la República's Board of Directors Meeting on April 29, 2022

On April 29, Banco de la República's board of directors (BDBR) voted 4-3 in favor of a 100-basis point increase to the benchmark interest rate, bringing it to 6.0%; three board members voted for a 150-basis point increase. 

The decision took into account the following considerations: 

Minutes for Banco de la República's Board of Directors Meeting on April 30, 2021

After a thorough evaluation of the most recent indicators of economic activity, inflation and international financial conditions, Banco de la República's board of directors (BDBR) voted by a 6-1 majority to hold the benchmark interest rate at 1.75%, with one dissenting vote in favor of a 25-…

Minutes for Banco de la República's Board of Directors Meeting on December 18, 2020

After considering the most recent information available on economic activity, inflation, and international conditions, Banco de la República's board of directors (BDBR) in its meeting on December 18 held the benchmark interest rate at 1.75%. Five board members voted in favor of leaving the rate…

Minutes for Banco de la República's Board of Directors Meeting on January 28, 2022

On January 28, Banco de la República's board of directors (BDBR) voted 5-2 to approve a 100-basis point increase to the benchmark interest rate, bringing it to 4.0%; two dissenting members voted for a 75-point increase.

The decision took into account the following considerations:

Minutes for Banco de la República's Board of Directors Meeting on January 29, 2021

En su sesión del 29 de enero, la Junta Directiva del Banco de la República revisó la última información disponible sobre actividad económica, inflación y condiciones internacionales. La Junta decidió mantener la tasa de política After considering the most recent information available on economic…

Minutes for Banco de la República's Board of Directors Meeting on July 30, 2021

After a thorough evaluation of economic activity, inflation and international financial conditions, Banco de la República's board of directors (BDBR) on July 30 voted by majority to hold the benchmark interest rate at 1.75%.

The monetary policy discussion centered on the following…

Minutes for Banco de la República's Board of Directors Meeting on June 28, 2021

After a thorough evaluation of economic activity, inflation and international financial conditions, Banco de la República's board of directors (BDBR) voted unanimously on June 28 to hold the benchmark interest rate at 1.75%.

The monetary policy discussion centered on the following…

Minutes for Banco de la República's Board of Directors Meeting on March 26, 2021

After a thorough evaluation of the most recent indicators of economic activity, inflation, the credit market and international financial conditions, Banco de la República's board of directors (BDBR) decided unanimously on March 26 to hold the benchmark interest rate at 1.75%.

The monetary…

Minutes for Banco de la República's Board of Directors Meeting on March 31, 2022

On March 31, Banco de la República's board of directors (BDBR) voted 5-2 in favor of a 100-basis point increase to the benchmark interest rate, bringing it to 5.0%; two board members voted for a 150-basis point increase.

The decision took into account the following considerations:

Minutes for Banco de la República's Board of Directors Meeting on Oct. 29, 2021

On October 29, Banco de la República's board of directors (BDBR) decided unanimously to continue to normalize monetary policy. The board voted 5-2 to increase the policy interest rate by 50 basis points to 2.5%, with two dissenting members voting for a 25-point increase.

The decision took…

Minutes for Banco de la República's Board of Directors Meeting on September 30, 2021

On September 30, Banco de la República's board of directors (BDBR) decided unanimously to begin the process of normalizing monetary policy. The board voted 4-3 to increase the policy interest rate by 25 basis points to 2.0%, with three dissenting members voting for a 50-point increase.

Minutes for the Meeting of the Board of Directors of Banco de la República on 17 December 2021

The Board of Directors of Banco de la República raised the policy rate by 50 basis points (bp) thus putting it at 3.0% in a 4-3 majority decision at its December 17 session. Three members voted for a 75 bp increase.

The decision took the following aspects into account:

Minutes of the Banco de la Republica Board of Director’s meeting on December 16, 2011

Minutes of a Meeting of the Board of Directors of Banco de la República on April 25, 2008

Minutes of a Meeting of the Board of Directors of Banco de la República on February 22, 2008

Minutes of a Meeting of the Board of Directors of Banco de la República on June 20, 2008

Minutes of a Meeting of the Board of Directors of Banco de la República on May 23, 2008

Minutes of a Meeting of the Board of Directors of Banco de la República Held on April 29, 2011

Minutes of a Meeting of the Board of Directors of Banco de la República Held on April 30, 2012

Minutes of a Meeting of the Board of Directors of Banco de la República Held on February 25, 2011