Published 2 years ago

Interest Rate Rises Will Bring Recession to Colombia, Petro Says

Summary by Bloomberg

Colombian President Gustavo Petro slammed the central bank’s decision to raise interest rates to a 14-year high, and floated a series of alternative measures including a tax on hot money flows.

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Bloomberg

Interest Rate Rises Will Bring Recession to Colombia, Petro Says

Colombian President Gustavo Petro slammed the central bank’s decision to raise interest rates to a 14-year high, and floated a series of alternative measures including a tax on hot money flows.

2 years ago·United States

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