Banco de la República cut by 50 bps to 12.25%, but despite words expressing the "magnitude" of the cut, it was the absolute minimum they could have done.
The hope is that we will see another decline for January, but some are concerned about how the 12% minimum wage increase and El Niño have affected prices.
"You will be the ambassadors who will help us to elevate this program to each of the regions of Colombia,” said Science Minister Yesenia Olaya Requene.