Colombia Central Bank Lifts Rate 25bps to 4.75%

The Central Bank of Colombia increased its monetary policy interest rate 25 basis points to 4.75% from 4.50%. The Bank said [translated]: "Given the central forecast described above, and the risks of financial imbalances, the Board considers it prudent to increase 25 basis points interest rate intervention and believes that this movement is achieved monetary stance which helps to maximize...