Loading…
Colombia's central bank cut its key interest rate by 50 basis points to 5.75% at its latest meeting, citing weak economic activity and a likely shortfall against the 1.8% GDP growth projection. Inflation has eased to 4.37%, but the bank remains concerned about persistence above its 3% target.
Lower domestic rates and a weaker peso could modestly support demand for imported feed ingredients in Colombia, though weak consumption limits the effect on prices.
financecolombia.comJared WadeJul 1, 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.
