Colombia's Central Bank Votes on Interest Rate
Update: 2025-11-06
Description
Colombias central bank, BanRep, maintained its main interest rate at nine point two five percent, as expected by financial markets. The decision was not unanimous, with four board members voting to keep the rate, while two others favored a fifty basis point reduction and one preferred a twenty-five basis point cut. The mixed vote reflects ongoing debate within the bank about managing inflation and promoting economic growth.
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