# Colombia can cut big, but there are ifs | opinions | ING THINK

> ING analysts assess how much room Colombia's central bank has to cut its policy rate from 12.75%, comparing it with recent analyses of Mexico and Brazil. They say cuts depend on inflation continuing to fall and that longer-dated spreads to the US offer limited value. The piece is an opinion on monetary policy rather than a new policy decision.

- Date: 2024-02-22 · published 2024-02-22T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/31962-colombia-can-cut-big-but-there-are-ifs-opinions-ing-think
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Lower Colombian rates could weaken the peso over time and affect local feed import costs, but the link to global feed prices is indirect and small.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- think.ing.com: https://think.ing.com/opinions/colombia-can-cut-big-but-there-are-ifs/

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