Villar: high rates still curb growth, but any cut must be sustainable

FinanceColombiaLa NaciónOct 23, 2026, 1:35 AM40 s readAI summary

At the 2026 Colombian Construction Congress, Banco de la República governor Leonardo Villar said high interest rates hinder growth through financing costs and their effect on investment and consumption, and that any eventual rate cut must be sustainable and take place with inflation under control. "High interest rates are a requirement for inflation to fall," he said. Camacol reported declines in housing launches, sales and starts as of August.

In 40 seconds

Villar said high rates are an obstacle to growth due to financing costs and their impact on investment and consumption.
He said any rate reduction must be sustainable and with inflation under control, without creating pressures that later force a correction.
"High interest rates are a requirement for inflation to fall," the Banco de la República governor stressed.

Read the full story at La Nación

IASummary generated by artificial intelligence from a story by La Nación. It may contain errors: the original source prevails.

Banco de la República
tasas de interés
inflación
vivienda
Camacol

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Villar: high rates still curb growth, but any cut must be sustainable

In 40 seconds

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Keep reading

Bogotá Ciudad Aeropuerto seeks to link El Dorado with the Metro and Regiotram

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill