US EditionColombia Surprises Markets with 100-Basis-Point Rate Hike to 10.25%
13 Articles
13 Articles
It was the first increase in almost three years and a larger movement than most analysts expected.
On Friday the Bank of the Republic gave a blow of authority. The Board of Directors, with a vote of four to three, has chosen to raise the intervention rate by 100 basis points, to 10.25%. The decision confirms what the market expected and marks the end of a cycle of credit relief that had begun in December 2023. The Issuer did not raise interest rates since April of the same year, but the economic reality has ended up being imposed on optimism.…
The Bank of the Republic slows down the downward trend and raises the interest rate to 10.25 % TuBarco Noticias The rate rose from 9.25% to 10.25% following the decision of the Board of Directors. Noticias Colombia. The Board of Directors of the Bank of the Republic decided to increase by 100 basic points the interest rate of monetary policy, which went from 9.25% to 10.25 %, a decision that breaks with the cycle of reductions begun in December …
The Colombian central bank officially stopped the cycle of reduction and stabilization in interest rates and at its January meeting raised 100 basis points to 10.25%. “Total inflation in December stood at 5.10% slightly lower than that observed at the end of 2024 (5.2%). Basic, food-free and unregulated inflation rose from 4.85% to 5.02% between November and December,” said Leonardo Villar, manager of the Banco de la República. Four co-directors…
The Bank of the Republic decided this Friday to raise its reference interest rate by 100 basis points, from 9.25% to 10.25 %, at the first meeting of the board of directors in 2026. It is the first increase in almost three years and was stronger than expected by most analysts, who projected an increase of 50 basis points. The decision was taken by a split board: four co-directors voted in favour of the increase of 100 basis points, while three o…
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