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Analysts polled by Reuters expect Colombia's central bank to raise its benchmark rate on Friday, with a split between a 25 and 50 basis point increase. Consumer inflation reached 4.51% in the year to September, well above the 3% target.
Higher Colombian rates support the peso and tighten credit conditions, with limited direct effect on feed grain prices.
Not 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.