Trader consensus on Polymarket prices an 78.5% implied probability for the Banco de la República to hike its benchmark interest rate at the April 30, 2026 meeting, reflecting persistent inflationary pressures after March 2026 consumer prices accelerated to 5.56% year-over-year—above the 5.47% median forecast and the 3% ±1% target range. The central bank's aggressive 100-basis-point increase to 11.25% on March 31, in a split 4-2-1 vote, underscores its commitment to anchoring inflation projected at 6.3% for 2026 amid supply-side shocks and wage dynamics. No-change odds at 19% capture dissent and government criticism of recent tightening, while a cut at 0.5% appears improbable barring sharp economic deterioration; traders eye April inflation data for resolution cues.