{"id":13906,"date":"2026-04-29T12:26:24","date_gmt":"2026-04-29T12:26:24","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/13906\/"},"modified":"2026-04-29T12:26:24","modified_gmt":"2026-04-29T12:26:24","slug":"colombia-banrep-keeps-the-policy-rate-unchanged-at-9-25-in-october","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/13906\/","title":{"rendered":"Colombia | BanRep keeps the policy rate unchanged at 9.25% in October"},"content":{"rendered":"<p>              Summary<\/p>\n<p class=\"detalle_text_intro\">&#13;<br \/>\n                The Central Bank kept its policy rate at 9.25% for the fourth consecutive meeting, a decision reflecting caution amid persistent inflation risks and the ongoing economic recovery.              <\/p>\n<p>                  Key points<br \/>\n                  &#13;<br \/>\n                    Key points:&#13;<br \/>\n                                          Four board members voted to hold, two favored a 50-bp cut, and one a 25-bp cut. The majority supported stability given the renewed rise in inflation and higher expectations, reinforcing the Board\u2019s cautious tone.&#13;<br \/>\n                                          Headline inflation rose to 5.2% in September and core inflation remained near 4.8%, both above target. Market- and survey-based expectations also stayed above 3% over the two-year horizon. The Governor projected convergence to the 3% target only by 2027, beginning gradually in 2026.&#13;<br \/>\n                                          Indicators confirm a continuing recovery, driven by private consumption and investment. The technical staff projects GDP growth of 2.6% in 2025 and 2.9% in 2026, with a slightly negative output gap closing faster than expected.&#13;<br \/>\n                                          The trade deficit widened due to stronger imports and weaker energy exports. On the fiscal front, the escape clause was activated, and the government expects Congress to approve a 16-trillion-peso financing law to support fiscal adjustment and the return to the parametric rule.&#13;<\/p>\n","protected":false},"excerpt":{"rendered":"Summary &#13; The Central Bank kept its policy rate at 9.25% for the fourth consecutive meeting, a decision&hellip;\n","protected":false},"author":2,"featured_media":13907,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[148],"class_list":{"0":"post-13906","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bbva","8":"tag-bbva"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/13906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=13906"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/13906\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/13907"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=13906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=13906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=13906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}