The Board of Directors of Banco de la República, in its meeting today, unanimously decided to maintain the benchmark interest rate at 4.25%
The Board took into consideration the following information:
Based on this information, the Board considered the following factors for its decision:
In this environment, upon assessing the economic situation and the risk balance, the Board deemed appropriate to maintain the benchmark interest rate at 4.25%, with which monetary policy continues to be slightly expansionary.
The Board will continue to carefully monitor the behavior of inflation and the forecasts for economic activity, as well as the international situation and the performance of the balance of payments. Finally, the Board reiterates that monetary policy will depend on the availability of new information.
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