In line with market expectations on the development of the US target policy rate
CBCS leaves pledging rate unchanged
Willemstad/Philipsburg - The Centrale Bank van Curaçao en Sint Maarten (CBCS) decided to pause its monetary policy tightening by leaving the pledging rate unchanged. This decision is predicated on the expectation that the Fed will leave its target policy rate unchanged as U.S. inflation continues to decline. Furthermore, the development in the monetary union’s gross official reserves and import coverage are broadly in line with expectations. So far, the decline in both monetary policy indicators has been limited, but uncertainties remain.