The governor of the Bank of Russia said that it held its key policy rate at 21% because monetary conditions had tightened “more significantly than envisaged by the October key rate decision”. In a ...

The Central Bank of Colombia (Banrep) reduced its policy rate by 25 basis points on December 20 – thus surprising the markets, which had been expecting a larger cut. Five of the board’s seven members ...

If 2023 marked a decisive pivot among central banks towards easing monetary policy, 2024 was the year when the reality of high uncertainty and the long “last mile” of disinflation hit home. In late ...