Macro Key Facts —The reading. Annual inflation reached 6.14% in June, the highest in about two years. —The miss. Analysts had forecast a range of 6.01% to 6.13%. Every one of them was low. —The timing. The central bank had raised rates to 12% eight days earlier, on June 30. —The forecast. The bank’s own […]
The post Colombia Hiked Rates to 12%. Inflation Broke 6% a Week Later. appeared first on The Rio Times.
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