Monetary Policy Report - July 2020

Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

The macroeconomic outlook is slightly clearer than it was at the start of the COVID-19 pandemic both in real and financial terms. But uncertainty remains, and several of the sources of that uncertainty are still present.
Box 1. Estimate of the Impact of Price Reliefs on Inflation. Authors: Edgar Caicedo García, Nicolás Martínez Cortés
Box 2. Banco de la República´s New Classification of the CPI basket and Review of Core Inflation Indicators in Colombia. Authors: Edgar Caicedo-García, Nicolás Martínez-Cortés, Eliana R. González-Molano, Ramón Hernández-Ortega, José Vicente Romero, Anderson Grajales-Olarte

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