Banco de la República
Analysts expect Banco de la República rate to stay at 9.25%
Analysts agree that the Banco de la República's Board will keep the interest rate at 9.25% in its October 31, 2025 meeting. This stems from persistent inflation and fiscal risks, despite the recent US Federal Reserve rate cut. Annual inflation hit 5.18% in September, above the 3% target.
Banco de la República keeps interest rate at 9.25%
The Banco de la República decided to keep the interest rate at 9.25% for October 2025, citing inflation rising for the third consecutive month. President Gustavo Petro reacted by stating that rates will only fall with the next board appointment. Manager Leonardo Villar clarified that the next appointment is scheduled for February 2029.