Will the Central Bank of Colombia announce a decrease at the April meeting?

“BanRep has been in an easing cycle as inflation cooled from prior highs, and April meetings often continue gradual cuts unless FX or inflation surprises intervene. A hold is plausible, but a decrease is more likely than not.”

“Banco de la República has been on an easing cycle with inflation declining toward target. Market consensus and prior pattern strongly suggest a rate cut at the April 2026 meeting.”

“Colombia's inflation remains above target, and the central bank has been cautious. Recent data suggests no urgency to cut rates in April.”