Anif expects Banco de la República to raise its rate to 12.50% in October
Anif's survey on the intervention rate shows that 13 of 19 corporations analyzed expect a 25-basis-point hike in October, from 12.25% to 12.50%, while six expect it to stay at 12.25%. Projections point to a divided decision on the board. The survey follows annual inflation of 6.29% in September, 229 basis points above the upper bound of the 4% target range.
In 35 seconds
- 13 of 19 corporations surveyed by Anif expect a 25-basis-point hike to 12.50%; six expect the rate to remain at 12.25%.
- Annual inflation reached 6.29% in September, versus 6.24% in August and 229 basis points above the upper bound of the 4% target range.
- Services (7.2%) and food (6.7%) accounted for 72% of the rise in the household basket.
Read the full story at Pulzo
IASummary generated by artificial intelligence from a story by Pulzo. It may contain errors: the original source prevails.
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