for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Colombia's central bank cuts interest rate to 6.25 pct

BOGOTA, May 26 (Reuters) - Colombia’s central bank lowered the benchmark interest rate by 25 basis points to 6.25 percent on Friday to boost a slowing economy, as had been expected by the majority of analysts in a Reuters survey.

The move represented a moderation from the central bank’s 50-basis-point cut last month.

Reporting by Bogota newsroom; Editing by Paul Simao

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up