Guatemala: Lider Rate Drops to 3.5%

A slowdown in the domestic economy and slow recovery of the external sector has led the Bank of Guatemala to reduce the monetary policy rate from 4% to 3.5% .

Thursday, February 26, 2015

From a statement issued by the Bank of Guatemala (BANGUAT):

The Monetary Board, based on a comprehensive analysis of the external and internal situation, after having heard of the Inflation Risks Balance, has decided to reduce the level of leading monetary policy interest rate from 4% to 3.5% .

The Monetary Board, in the external environment, said that the global economy continues to recover at a moderate pace in the presence of downside risks. It also took into account the considerable reduction in the international price of oil and its derivatives and stability in the behavior of international prices of yellow corn and wheat, which modifies the trajectory of inflation downward.



More on this topic

Guatemala: Leading Rate Begins 2020 at 2.75%

February 2020

Arguing that the main economic indicators show a stable behavior, the Central Bank decided at the beginning of the year to maintain the level of the leading interest rate of the monetary policy at 2.75%.

From the Bank of Guatemala's statement:

February 20th, 2020. The Monetary Board, in its session celebrated on February 19, based on the integral analysis of the external and internal economic situation, after evaluating the Inflation Risks Balance, decided to keep the level of the leading interest rate of the monetary policy at 2.75%.

Guatemala: Lider Rate Stays at 3%

April 2016

Despite noting that there are still some risks associated with global economic recovery, the Bank of Guatemala has decided to keep the monetary policy rate unchanged.

From a statement issued by the Bank of Guatemala:

The Monetary Board, based on a comprehensive analysis of the external and internal economic situation, after studying the Inflation Risks Balance, has decided to keep the level of the leading monetary policy interest rate at 3.00% .

Guatemala: Lider Rate Drops to 3%

October 2015

Due to the slow global economic recovery and the downward trend of inflation in the country, the Bank of Guatemala has decided to reduce the monetary policy rate from 3.25% to 3%.

From a statement issued by the Bank of Guatemala:

The Monetary Board, based on a comprehensive analysis of the external and internal situation, after having seen the Inflation Risks Balance, has decided to reduce the level of the leading monetary policy interest rate from 3.25 to 3.0% .

Guatemala: Leader Rate Drops to 5%

October 2013

The Monetary Board, at its meeting on October 30, decided to reduce the level of the leading interest monetary policy rate from 5.25% to 5%.

From a press release issued by the Bank of Guatemala (Banguat):

The Monetary Board, at its meeting today, decided to reduce the level of the leading monetary policy interest rate by 25 base points from 5.25% to 5.00%, based on a comprehensive analysis of the external and internal environment, after reviewing the inflation risks balance.

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