The Central Bank of Honduras has revised its inflation target for 2015 from 5% to 5.5%, as a result of its oil price forecasts and targets established with the International Monetary Fund (IMF).
The central bank published its monetary programme for 2015–16 yesterday, where it sets a target for annual CPI inflation of 5.5%, plus or minus one percentage point.
It attributes the change to "expectations of low prices on food – especially maize and wheat – as well as lower international oil prices,"
- Central banks may be thinking wrongly about inflation – Borio
- European Commission announces supervisory agency reforms
- Bank of Russia will be able to handle fallout from failing banks, analysts say
- Riksbank outlines three visions of ‘e-krona’
- Uruguay’s digital currency pilot ‘close to launch’, says governor