Colombia cenbank ups rate to 6 pct to calm inflation worries

viernes 29 de enero de 2016 14:53 GYT

BOGOTA Jan 29 (Reuters) - Colombia's central bank increased the benchmark interest rate a quarter point on Friday as policymakers try to rein in inflation that is already well above the bank's target range.

The seven-member board decided to boost the lending rate to 6 percent, meeting the forecast of all 27 analysts in a Reuters survey this week. (Reporting by Julia Symmes Cobb)