哥伦比亚央行暂停加息，因经济放缓迹象抵消了通胀加速的担忧。央行行长莱昂纳多·比亚尔在会后告诉记者，央行七人董事会以分歧票决将基准利率维持在 12.25%。
Colombia halted interest rate increases as signs of an economic slowdown offset fears over accelerating inflation. The central bank’s seven-member board held the benchmark rate at 12.25% in a split decision, Governor Leonardo Villar told reporters after the meeting.
接受彭博社调查的 31 位经济学家中，有 17 位预测了这一决定，其余预期加息 25 个基点。
Seventeen of 31 surveyed by Bloomberg forecast the decision, while the rest had expected a quarter-point increase.
经过长期高利率后，经济正在失去动力。8 月经济活动略微收缩，为 2025 年 4 月以来首次，制造业和零售销售均弱于预期。
The economy is losing momentum after a prolonged period of high interest rates. Activity contracted slightly in August for the first time since April 2025, while manufacturing and retail sales were weaker than expected.
不过，9 月通胀加速至 6.29%，央行预测显示通胀将在 2027 年前持续高于目标区间上限，使通胀目标连续七年未达标。
Inflation, however, accelerated to 6.29% in September, and central bank forecasts show it remaining above the upper end of the target range through 2027, extending a run of misses to seven consecutive years.
财政不确定性增加了央行的挑战。周四，政府向国会提交一项“经济救援”法案，旨在应对政府债务负担不断上升的担忧。尽管该计划包含大幅削减开支，但扩大增值税和所得税税基以及提高社会保障缴费的提案遭遇阻力。
Fiscal uncertainty is adding to the bank’s challenge. On Thursday, the government sent Congress an “economic rescue” bill aimed at addressing concerns over the government’s growing debt load. While the plan includes significant spending cuts, it faces resistance over proposals to broaden the VAT and income-tax bases and raise social-security contributions.
该法案是稳定哥伦比亚财政更广泛努力的一部分，还包括与国际货币基金组织就潜在财政支持进行磋商。
The bill is part of a broader effort to stabilize Colombia’s finances that also includes talks with the International Monetary Fund over potential financial support.