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New Colombia Central Bank Board Members may Back Rate Cuts

RIO DE JANEIRO, BRAZIL - The announcement this week that Viviana Taboada and Mauricio Villamizar will join Colombia's central bank board generated not only confusion over the spelling of Taboada's first name, but predictions that interest rate cuts may be on the horizon.

The two policymakers, appointed by President Ivan Duque, were criticized by some in the market for their youth, Taboada's personal connections and the possibility they may back cutting an already historically low interest rate to help boost the economy.

Taboada - whose first name is spelt Viviana on official documents but was written as Bibiana by . . .

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