Colombia central banker says further action needed on inflation
Central bank board member Olga Lucia Acosta told Reuters August’s inflation spike requires reassessing how tight monetary policy should be and said further action is needed to steer prices toward the target.
The jump in Colombia’s August inflation figures calls for a reassessment of how restrictive monetary policy should be, central bank board member Olga Lucia Acosta told Reuters. She added that further action is needed to bring prices back toward the target.