Colombia’s process of normalizing monetary policy after a period of record low interest rates may take about 12 months, according to the governor of the central bank.
“In principle what we know is that we’ll go through a process that may take a year or so, taking the interest rate to a more normal level,” Villar told Bloomberg Television’s Shery Ahn in an interview on Monday.
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October 12, 2021 at 06:25AM
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Central Bank Chief Says Colombia May Reduce Stimulus Over a Year - Bloomberg
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