The Monetary Board has decided to keep the leading monetary policy interest rate at 5%, based on a comprehensive analysis of the external and domestic economic situations.

From a press release issued by the Bank of Guatemala:

"The Monetary Board, at its meeting held today, decided to keep at 5.00 % the leading monetary policy interest rate, based on a comprehensive analysis of the external and internal situation, having been made aware of the Balance of Inflation Risks .

The Monetary Board, in the external sphere, believes that the global economy is continuing to recover, particularly in advanced economies.
It also took into account that international prices of raw materials which affect inflation in the country (oil, corn and wheat) show an average price stability compared to the previous year, but some of them, notably oil, have started to increase.

Source: Bank of Guatemala

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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% .

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Guatemala: Leader Rate Stays at 4.75%

May 2014

The Bank of Guatemala is keeping at the same level its leading policy rate, which is the main reference for interest rates in the country.

From a statement issued by the Bank of Guatemala:

The Monetary Board, at its meeting held today, decided to keep the leading monetary policy interest rate at 4.75%, based on a comprehensive analysis of the external and internal situation, having been made aware of the Balance of Inflation Risks.

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