Colombia May Consider Rate Cut This Year, Finance Chief Says
- Finance Minister Bonilla speaks in interview in Bogota
- Bonilla says he wasn’t hired to flatter President Petro
Ricardo Bonilla
Photographer: Nathalia Angarita/BloombergThis article is for subscribers only.
Colombian policymakers may start to discuss interest rate cuts in the second half of the year if inflation continues to cool, according to Finance Minister Ricardo Bonilla.
Inflation slowed in April, but a single month of good price data isn’t enough to make the case for monetary easing, Bonilla said Tuesday during an interview at the Finance Ministry in Bogota.