# Latam Daily: Better Market Mood; BanRep Preview | Post

> A Latin America daily preview says the Fed's firm stance has supported asset markets. It expects Colombia's central bank to hold rates at its October meeting because conditions for a cut are not yet met despite weak economic performance.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/33912-latam-daily-better-market-mood-banrep-preview-post
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A central bank hold keeps Colombian financing costs high and leaves the peso sensitive to the Fed. This matters for dollar-priced feed imports.

## Read by commodity

- USDCOP: neutral

## Sources

- scotiabank.com: https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.daily-publications.latam-daily.latam-daily.2023-issues.-october-30-2023-.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.