COLOMBIA: As Expected...C.Bank Raises Benchmark 25 Basis Pts...To 4%.

BLOOMBERG/

   For the 4th month, the c.bank raised borrowing costs to fight inflation.
   This time...by 25 basis points...to 4%... as expected by all 25 economists surveyed by Bloomberg.
   After holding at 3% for nine months, the c.bank raised the benchmark by 25 basis ponts at each of their last three meetings.
    In April, yearly inflation diminished to 2.84%...from 3.19% in March.