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Economic recession Colombia United States: Recession in the United States: How will it impact Colombia? | 6AM Today by Today

In 6AM Today by Today from Caracol Radio the economist spoke Munir Khalildirector of economic research for the Andean Region of BTG Pactual about the economic situation in the United States, the economic recession and the impact that could come in Colombia.

IS THE UNITED STATES IN A RECESSION OR NOT?

According to Jalil, economists already speak of a recession when for two consecutive quarters there is negative growthwhat exactly is happening to USA. Thus, in the first quarter of the year it fell 1.6% in the first quarter, to June there was a fall of 0.9%.

“In USA we’re not seeing a lot of people looking for jobs. The term recession raises alarm around the world,” he commented.

IMPACT IN COLOMBIA

As per the announcement above, the markets are assuming many things around the posed scenario previously.

Thus the things, the recession effects could be reflected on a potential drop in the price of oil, which would be added to everything that is happening with the dollar.

“The new government must be judicious in tax matter and from the Bank of the Republic a better interest rate should be offered,” Jalil reiterated.

Listen to the full interview on Caracol Radio

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