Monetary Policy Report published until now (available since 1999)

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The Monetary Policy Report presents the Bank's technical staff's analysis of the economy and the inflationary situation and its medium and long-term outlook. Based on it, it makes a recommendation to the Board of Directors on the monetary policy stance. This report is published on the second business day following the Board of Directors' meetings in January, April, July, and October.

2016 - June

Box 3: How to explain the increase in inflation between July 2014 and June 2016 by looking at the different CPI components?

2016 - March

Box 3: The Core Inflation Indicator

Box 4: Sudden Stops in Capital Flows: The Colombian Case

2015 - December

Box 3: Natural Rate of Interest Estimates for Colombia

2015 - June

Box 3: Main Aspects of the Medium Term Fiscal Framework For 2015

2015 - March

Box 3: How to explain the increase in inflation between July 2014 and June 2016 by looking at the different CPI components?A Lasting Shock to Oil Prices: Implications for Monetary Policy in General Equilibrium Models