# Colombia slashes rate in light of lower inflation - BNamericas

> Colombia's central bank cut its benchmark interest rate, citing lower inflation. The article is a brief market notice with no further detail.

- Date: 2017-03-27 · published 2017-03-27T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/72279-colombia-slashes-rate-in-light-of-lower-inflation-bnamericas
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Lower Colombian rates can soften the peso over time, but the move has no clear direct effect on feed commodity supply, demand, or prices.

## Sources

- bnamericas.com: https://www.bnamericas.com/en/news/colombia-slashes-rate-in-light-of-lower-inflation

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