# Bank loans will remain expensive due to the 2026 minimum wage increase: the Bank of the Republic explained the situation

> Colombia’s central bank kept its policy rate at 12.25%, with four board members favoring a pause and three voting for a 25-basis-point increase. The decision came as annual inflation reached about 6.3%, still above the bank’s 3% target, while policymakers also cited signs of slower economic activity.

- Date: 2026-11-09 · published 2026-11-09T03:11:55.188Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/88587-bank-loans-will-remain-expensive-due-to-the-2026-minimum-wage-increase-the-bank
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

High borrowing costs can constrain credit and domestic demand, including demand for feed and livestock products. The article describes Colombia’s monetary-policy outlook but gives no direct commodity-price signal.

## Sources

- infobae.com: https://www.infobae.com/colombia/2026/11/09/los-creditos-de-los-bancos-seguiran-altos-debido-al-aumento-del-salario-minimo-de-2026-el-banco-de-la-republica-explico-la-situacion/

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