# Colombia central bank to vote on interest rate, with market split on potential decision | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County

> Reuters reports that Colombia's central bank board would vote on Friday, September 25, on whether to cut its policy rate to a record-low 1.75% or hold at 2%. Of 26 analysts surveyed, 14 expected a cut and 12 expected a hold. The board has already cut 225 basis points in six months, and the bank forecasts GDP contraction of 6% to 10% in 2020.

- Date: 2020-09-25 · published 2020-09-25T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/51414-colombia-central-bank-to-vote-on-interest-rate-with-market-split-on-potential
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

The outcome shapes the peso and capital-flow risk in Colombia, which can affect local demand for imported feed ingredients. The direct price impact on global feed commodities is small.

## Sources

- wtvbam.com: https://wtvbam.com/2020/09/25/colombia-central-bank-to-vote-on-interest-rate-with-market-split-on-potential-decision/

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