1 de julio de 2017 / 0:19 / en 3 meses

Colombia cenbank cuts interest rate to 5.75 pct, more than expected

BOGOTA, June 30 (Reuters) - Colombia’s central bank cut the benchmark interest rate more than expected to 5.75 percent on Friday, in a bid to bolster economic growth even as inflation remains above target.

The board decided to reduce the lending rate by 50 basis points, more than the 25 basis points expected by the majority of analysts. The vote was four in favor of the half-point cut and three for a quarter point. (Reporting by Helen Murphy)

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