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Colombia's central bank minutes for its September 25 meeting were due out on September 28. Three board members voted to hold the policy rate at 2.00%, while a four-member majority backed a 25 bp cut to 1.75%.
The same note flags a quiet week for Latam central banks and modest Argentine, Brazilian and Chilean data prints.
The split vote points to a possible pause in Colombia's easing cycle, which bears on peso sentiment and capital flows. For feed buyers the direct effect on grain and meal prices is negligible.
scotiabank.comSep 28, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
