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Colombia's central bank board member said a surprise in consumer prices and weak GDP may allow further interest rate cuts. The board has struggled for over two years with a weak economy caused by lower oil prices and high inflation.
Lower Colombian rates tend to weaken the peso, which raises the local-currency cost of imported feed ingredients.
reuters.comHelen MurphyAug 11, 2017Not 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.
