# Colombia central bank to raise rate to 13%: Reuters poll By Reuters

> A Reuters poll found that most analysts expected Colombia's central bank to raise its benchmark rate by 100 basis points to 13% at its next meeting. Inflation reached 13.12% in 2022, its highest in nearly 24 years.

- Date: 2023-01-20 · published 2023-01-20T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/38078-colombia-central-bank-to-raise-rate-to-13-reuters-poll-by-reuters
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Tighter Colombian monetary policy mainly affects domestic credit and the peso rather than feed commodity markets, so the direct price effect is minimal.

## Sources

- investing.com: https://www.investing.com/news/economy/colombia-central-bank-to-raise-rate-to-13-reuters-poll-2985027

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