The Central Bank of Honduras trimmed its benchmark interest rate by 75 bps to 3.75 percent at its August meeting, with the purpose of mitigating the effects of the pandemic on economic activity and employment. The bank noted that inflation is expected to remain close to the lower limit of the target range (4.00 percent ± 1.00 percent) for 2020.
Interest Rate in Honduras averaged 6.05 percent from 2005 until 2020, 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. Honduras Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Central Bank of Honduras
Interest Rate in Honduras is expected to be 4.50 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 4.50 in 12 months time. In the long-term, the Honduras Interest Rate is projected to trend around 4.75 percent in 2021 and 5.25 percent in 2022, according to our econometric models.