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Colombia Raises Rates as Petro's Minister Walks Out in Protest
Colombia's central bank delivered a full percentage-point increase to its key interest rate after Finance Minister German Avila walked out of the policy meeting, underscoring a deepening rift ...
Colombia Raises Rates as Petro's Minister Walks Out in Protest ...
Colombia's central bank delivered a full percentage-point increase to its key interest rate after Finance Minister German Avila walked out of the … Read More
Colombia's Central Bank Raises Interest Rates as Finance Minister Walks ...
The Central Bank of Colombia raises interest rates to 11.25%, prompting the finance minister to resign from the bank's board of directors.
Colombia raises interest rate as Petro Ally resigns in protest
Colombia's central bank decided to increase its key interest rate by a significant one percentage point following the departure of Finance Minister German Avila from the monetary policy meeting. This move highlights the growing divide between President Gustavo Petro's administration and the country's monetary authority.
