Yahoo Entertainment on Nostr: Petro Meets Colombian Central Bankers He Blamed for Weak Economy ========== President ...
Petro Meets Colombian Central Bankers He Blamed for Weak Economy
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President Gustavo Petro met with Colombia’s central bank board to discuss solutions for lowering interest rates. The economy grew 1.1% in the first quarter, below expectations. Petro accused the central bank of throttling economic growth due to restrictive interest rates. The bank has defied calls for deeper interest rate cuts. Colombia has lowered borrowing costs by 1.5 percentage points since December, to 11.75%.
#Colombia #GustavoPetro #CentralBank #InterestRates #EconomicGrowth
https://www.yahoo.com/news/petro-meets-colombian-central-bankers-220147778.html
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President Gustavo Petro met with Colombia’s central bank board to discuss solutions for lowering interest rates. The economy grew 1.1% in the first quarter, below expectations. Petro accused the central bank of throttling economic growth due to restrictive interest rates. The bank has defied calls for deeper interest rate cuts. Colombia has lowered borrowing costs by 1.5 percentage points since December, to 11.75%.
#Colombia #GustavoPetro #CentralBank #InterestRates #EconomicGrowth
https://www.yahoo.com/news/petro-meets-colombian-central-bankers-220147778.html