# Colombia central bank board holds rate at 9.5% on inflation, external concerns | Reuters

> Colombia's central bank board held its benchmark rate at 9.5%, citing higher prices for processed foods and regulated items such as gas and transport. Year-end inflation estimates remain above the bank's 3% long-term target.

- Date: 2025-03-31 · published 2025-03-31T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/25887-colombia-central-bank-board-holds-rate-at-9-5-on-inflation-external-concerns
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Rates held high keep the peso supported on carry but limit feed-demand growth from domestic consumers. The effect on grain and meal prices is minimal.

## Sources

- reuters.com: https://www.reuters.com/business/finance/colombia-central-bank-board-likely-resume-cuts-new-members-debut-2025-03-31/

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