http://www.bloomberg.com/news/2012-11-23/colombia-cuts-policy-rate-to-4-5-after-interbolsa-collapse.html
For the 1st time in 3 months...the central bank unexpectedly cut its benchmark rate...
by 25 bps...to 4.5%...after the collapse of the nation's biggest brokerage...Interbolsa SA.
Economic activity there slowed...by 1.3% from the previous September...to 4.9% in Q2.
Inflation is still a non-factor registering 3.06 % in October.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- CZECH REPUBLIC: Attempts To Ban The Communist Party.
- PUERTO RICO: The Enigma of Tourism.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- ROMANIA: After Court Overturns Austerity Measures, Huge VAT Increase Proposed To Protect IMF Aid.
- COLOMBIA: FARC Abducts & Murders Provincial Governor.
- MEXICO: Update On The Electric Power Takeover.
- URUGUAY:Defeats So.Korea 2-1; In Q-Finals For 1st Time in 40 Years.
- CZECH REPUBLIC: Intelligence Service Warns Of Russian Infiltrations.