Blogs

Colombian Central Bank Rate Cut

Forex

The Central Bank of Colombia’s key interest rate was lowered today by 25 basis points to 12.75%. Although a cut had been widely expected, many analysts were anticipating a 50-bp size, and indeed two of the seven committee members had favored the bigger reduction. Today’s is the second consecutive 25-basis point easing of the rate, [&hel

January 2024 FOMC Preview

Forex

The Fed policy announcement and subsequent press conference are scheduled for 14:00 EST and 14:30 EST. Macro-economic forecasts have not been updated for this meeting, and policy settings are expected to be left unchanged. So the focus will be on the statement’s first paragraph that defines U.S. growth and price trends and on what Chairman [&

Page 122 of 9786