Policy Interest Rate in Jordan
In March, inflation cooled to 3.9% (February: 4.2%), with fuel and lighting remaining key drivers of inflation. Meanwhile, effective from 5 May, the Central Bank hiked the re-discount rate by 25 basis points to 8.25%, moving in lockstep with the Fed. Price pressures should continue to soften in 2023 amid restrictive monetary policy.
Jordan Policy Interest Rate Chart
This chart displays Policy Interest Rate (%) for Jordan from 2013 to 2022.
Jordan Policy Interest Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Rediscount Rate (%, eop) | 5.00 | 5.75 | 5.00 | 3.50 | 3.50 |