Colombia's central bank holds rate at 12.25% in split vote
The board of Banco de la República kept its interest rate at 12.25%, the highest level since March 2024. Four board members voted for stability and three for a 25-basis-point hike. Annual inflation rose to 6.29% in September from 6.24% in August, while core inflation eased to 6.07%. The board also cited weak economic activity and risks from the El Niño phenomenon and public finances.
In 35 seconds
- The rate stays at 12.25%, its highest level since March 2024, with four votes for stability and three for a 25-basis-point hike.
- Annual inflation reached 6.29% in September from 6.24% in August, while core inflation fell to 6.07% from 6.12%.
- The August ISE contracted 0.04% year-on-year, its first negative result since April 2025.
IASummary generated by artificial intelligence from a story by El Colombiano. It may contain errors: the original source prevails.




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