LatinNews Daily - 03 November 2025

*Colombia’s central bank (Banrep) has maintained its benchmark interest rate at 9.25% in its fourth consecutive decision to keep the rate unchanged, following a 25 basis-point cut in April. In a statement, Banrep noted that annual inflation increased for the third consecutive month in September to 5.2%, above the bank’s target of 3%, and said that inflation is likely to stay higher than this target for the next two years. However, Banrep did also note that economic activity data shows a good level of dynamism in internal demand, driven by both private and public consumption and increased investment in machinery, equipment, and public works. It added that the external financial situation has improved due to interest rate cuts in the US.

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