Colombia’s Central Bank Faces a Rate Test as Power Shifts
Colombia's rate-setters meet on June 30 with inflation rising and a new president-elect waiting in the wings, a test of the bank's independence.
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Colombia Latin America Colombia’s Central Bank Faces a Rate Test as Power Shifts By Matias Sebastian Lopez · June 26, 2026 · 4 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Markets Key Facts —The meeting. Banco de la República, Colombia’s central bank, sets its policy rate on June 30, with the rate currently at 11.25%. —The problem. Inflation has turned higher again, running near 5.6% in recent readings against a 3% target with a 2%–4% band. —The pressure. The outgoing Petro government has publicly pushed for lower rates, drawing warnings that the bank’s independence is under strain. —The handover.
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