The Central Bank of Honduras cut its monetary policy rate by 25 bps to 5.50 percent at its December meeting. Policymakers noted that the annual inflation rate declined to 3.84 percent in October from 4.08 in September to stand below the mid-point of the target range (4 percent +/- 1 percent). The Committee underscored that global growth prospects continued to deteriorate and that domestic economic growth decelerated in the last few months, adding that demand-side inflationary pressure remains subdued.
Interest Rate in Honduras averaged 6.10 percent from 2005 until 2019, reaching an all time high of 9 percent in July of 2008 and a record low of 3.50 percent in June of 2009. This page provides - Honduras Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Bank of Honduras
Interest Rate in Honduras is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Honduras to stand at 5.25 in 12 months time. In the long-term, the Honduras Interest Rate is projected to trend around 5.75 percent in 2020, according to our econometric models.