哥伦比亚央行在2025年6月将基准政策利率维持在9.25%不变，四名董事投票维持不变，两名董事投票支持降息50个基点，一名董事投票反对降息25个基点。年通货膨胀率略有下降，从4月份的5.2%降至5月份的5.1%，而不包括食品和监管价格的核心通货膨胀率从4.9%降至4.8%。第一季度的活动指标显示，国内生产总值同比增长2.7%，促使技术团队将2025年的增长预测提高到2.7%（2026年提高到3.0%）。然而，在地缘政治紧张局势加剧和美国关税政策持续存在不确定性的情况下，全球金融状况仍然受到限制，限制了更激进的降息范围。董事会强调，未来的政策决定将取决于现有信息。
The Central Bank of Colombia left its benchmark policy rate unchanged at 9.25% in June 2025, with four directors voting to maintain, two for a 50 bps cut and one for 25 bps. Annual inflation showed a marginal decline, easing to 5.1% in May from 5.2% in April, while core inflation excluding food and regulated prices softened to 4.8% from 4.9%. Activity indicators for the first quarter suggest GDP grew 2.7% year-on-year, prompting the technical team to raise its growth forecast for 2025 to 2.7% (and to 3.0% for 2026). However, global financial conditions remain restrictive amid elevated geopolitical tensions and persistent uncertainty over U.S. tariff policy, limiting scope for more aggressive rate cuts. The Board emphasized that future policy decisions will depend on the information available.
