# Colombia: Another rate hike process begins - how to play it | opinions | ING THINK

> An ING opinion piece says Colombia has begun another rate hike cycle, with higher rates needed but not necessarily large individual hikes. It cites a roughly 24% minimum wage increase, inflation expectations near 7%, a 6% fiscal deficit, and declining foreign ownership of local bonds.

- Date: 2026-01-29 · published 2026-01-29T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/21356-colombia-another-rate-hike-process-begins-how-to-play-it-opinions-ing-think
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Expected rate increases and inflation pressure point to tighter Colombian financial conditions and a volatile peso, which affects the cost of imported feed inputs. The piece is commentary on rate direction rather than a new market-moving event.

## Sources

- think.ing.com: https://think.ing.com/opinions/colombia-another-rate-hike-process-begins-how-to-play-it/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.