A regular meeting of the Board of Directors of Banco de la República took place in Bogotá D.C. on Friday, 21 December 2018. In attendance were Alberto Carrasquilla Barrera, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members Gerardo…
Bogotá, Colombia
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OBJECTIVESMonetary policy in Colombia is based on inflation targeting, which is intended primarily to keep inflation low and to ensure stable growth in output near its long-term trend. Accordingly, the objectives of monetary policy combine the goal of price stability with…
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The Inflation Targeting Scheme in Colombia
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- Eventos |Banco de la República maintains the benchmark interest rate at 4.25%. The Board of Directors of Banco de la República, in its meeting today, decided to maintain the benchmark interest rate at 4.25% For this decision, the Board mainly took into account the…
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- Eventos |Board of Directors of Banco de la República continues its Program of Accumulation of International Reserves. The next auction will be on February 28th . Learn moreBanco de la República provides liquidity to the economy…
- Eventos |The Board of Directors of Banco de la República, in its meeting today, unanimously decided to maintain the benchmark interest rate at 4.25%. More infoInternational Reserves Program Press Release - March 2019. The next…
- Eventos |The Board of Directors of Banco de la República, in its meeting today, unanimously decided to maintain the benchmark interest rate at 4.25%. More infoPress release program of accumulation of reserves - April 2019. The next…
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- Eventos |Principal Economist, Board of Governors Federal Reserve System Co-autores: Michiel De Pooter, Giovanni Favara, Jason Wu (Board of Governors Federal Reserve System)
- Eventos |Profesora de economía, Universidad de los Andes
- Eventos |Asesor, Superintendencia Financiera de Colombia
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Resumen del documento: Estimamos un modelo de Nelson-Siegel segmentado de tres factores para la curva de rendimientos utilizando información diaria y observable de los precios de los TES y la IBR para Colombia. La estimación flexible de cada segmento (corto, mediano y largo plazo) proporciona…
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