Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Colombia

Moderating Inflation Good For Debt

August 2008 | Market Strategy
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We see a 25bps hike in the benchmark rate to 8.25% the most likely outcome of today's monetary policy meeting, as both headline and core CPI remain high, increasing to 5.39% y-o-y and 5.10% y-o-y in July (from 5.26% and 5.10%) respectively.