Colombia markets jolted as 23% wage boost fuels rate hike bets

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Colombian swap rates have soared after President Gustavo Petro announced a 23% increase in the minimum wage, stoking bets that the central bank will have to hike interest rates to combat the policy’s impact on prices. Read full story

Date: 1 January, 2026 6:00 am
Source: thestar.com.my

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