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Colombia's central bank unexpectedly held its benchmark rate at 9.50% on Friday, against market expectations of a second consecutive 25 basis point cut. The decision ends a run of easing that began in 2023.
A hold on rates supports the peso and reflects caution over fiscal and trade risks, which has limited direct effects on grain or feed prices. The impact on commodity markets is minimal.
reuters.comNelson BocanegraJan 31, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
