Colombia Finance Ministry, Business Groups Make Rare Joint Plea for Interest Rate Cuts
- Bonilla makes rare statement with bankers, industrialists
- Inflation is currently four times the central bank’s 3% target
Fuente: Colombia Finance Ministry
This article is for subscribers only.
Colombia’s Finance Ministry joined the nation’s top bankers and industrialists in calling for interest rate cuts to revive the weak economy.
In a rare combined statement, Finance Minister Ricardo Bonilla added his voice to the private business groups asking the central bank to ease monetary policy sooner rather than later.