"Inflation has peaked": Colombia Finance Minister

The video discusses the current economic situation, focusing on inflation trends, interest rates, and currency strength. Inflation has peaked at 13%, with food prices declining. Interest rates for government bonds are lower than the central bank rate, and some banks are reducing rates for small loans. Colombia's peso has strengthened due to corrected expectations. Oil prices are expected to remain high this year, with a decline anticipated in the medium term due to OPEC's supply decisions and a special windfall tax.

What factors have contributed to the strength of Colombia's peso?

What are the expectations for oil prices in the medium term?