BRH Monetary Policy Note
Summary: This report analyzes recent developments in the Haitian economy, focusing on monetary policy. It assesses the economic environment, monetary policy decisions, and provides a short-term outlook for the national economy.
Key Findings
- The monetary policy maintained stable interest rates and absorbed excess liquidity through BRH bonds.
- The passage of Hurricane Matthew significantly impacted the economy, leading to increased prices and reduced local supply.
- Inflation increased to 14.2% in November 2016.
- The trade deficit widened, but private transfers increased.
- The BRH intervened in the foreign exchange market to manage exchange rate fluctuations.
Full Description
This monetary policy note analyzes recent economic developments in Haiti, with a focus on monetary policy during the first quarter of fiscal year 2016-2017. It examines the economic environment underlying monetary policy, including the impact of Hurricane Matthew and international economic trends. The note also details monetary policy decisions made during the quarter and provides a short-term outlook for the Haitian economy, considering factors such as inflation, exchange rates, and the socio-political climate.
How to cite
Bank of the Republic of Haiti (BRH), 2017, BRH Monetary Policy Note, https://www.brh.ht/wp-content/uploads/2018/08/note_polmon3t17.pdf