Colombia Keeps Interest Rates Steady Amid Low Inflation

After its monthly meeting, the bank's seven-member board said it decided to keep its key lending rate at 3.25%, an outcome widely expected by economists in Bogota and on Wall Street. "Annual inflation through January was 2.13%, which lands inside the target range" of 2% to 4%, Central Bank Chief Jose Dario Uribe told reporters. For the original version including any supplementary images or video, visit http://www.foxbusiness.com/economy-policy/2014/02/28/colombia-keeps-interest-rates-steady-amid-low-inflation/