BRH Monetary Policy Note
Summary: This document analyzes recent developments in the Haitian economy, focusing on monetary policy. It presents the monetary policy framework, its connection to various economic sectors, and aims to inform the public about monetary policy orientation, decisions made by authorities, and short-term economic prospects.
Key Findings
- The authorities maintained the monetary policy orientation by keeping interest rates on BRH bonds unchanged.
- The real interest rates became less negative with the decline in inflation.
- The balance of payments improved compared to 2012-2013 but remained in deficit.
- The expansion of economic activity in the United States accelerated to 1.8% in the third quarter of 2013.
- The gourde slightly depreciated by 0.32% compared to September 2013 and by 3.12% year-on-year.
Full Description
This note analyzes recent developments in Haiti's economy with a focus on monetary policy. It presents the framework of monetary policy and how it connects different sectors of the economy to the monetary sphere. The objective is to inform the public about the direction of monetary policy, account for recent decisions made by authorities, and outline short-term perspectives for the national economy. The document covers the first quarter of fiscal year 2014, examining the economic environment, policy decisions, and future outlook.
How to cite
Bank of the Republic of Haiti (BRH), 2014, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/2018/08/note_polmon4t14.pdf