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?
- MEXICO: 2 Girls Scale U.S. Border Fence... In Under 18 Seconds.
- BRASIL: Contract To Build Belo Monte Dam Is Awarded; Bloodshed Threatened.
- MEXICO: 28 April UPDATE: More Death Discovered In Durango...As Body Count Grows Again By 8; Total 104...So Far.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- RUSSIA / GERMANY : Nein! Germany Withdraws Quadriga Prize For Putin.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- CHILE / NEW ZEALAND: Santiago Eyes Volcanos For Geothermal Energy.
- MEXICO: Guapo But Bobo...PRI's Pena Nieto Still Leads To Succeed Prez Calderon.
- COLOMBIA / PERU / CHILE / MEXICO: New "Pacific Alliance" Begins.