Colombia Central Bank Official Says Early Tightening Needed for 2028 Inflation Target
Co-director Mauricio Villamizar said inflation risks are likely to materialize in 2027, requiring early monetary tightening to meet the bank’s 2028 inflation target.
By Nelson Bocanegra and Carlos VargasColombia's central bank needs to tighten monetary policy early to meet its inflation target in 2028 because many inflation risks will probably materialize in 2027, said central bank co-director Mauricio Villamizar.Villamizar, one of the seven members of the mone…