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RD | BCRD recorta su tasa de interés en alineacion con la Reserva Federal de Estados Unidos

En un giro significativo de su política monetaria, el Banco Central de la República Dominicana (BCRD) anunció en septiembre de 2025 el primer recorte de su tasa de interés de referencia tras nueve meses mantenida en 5.75%, alineando su estrategia con el ciclo de flexibilización iniciado por la Reserva Federal de Estados Unidos.

BCRD:

Primer Recorte en Nueve Meses: El BCRD redujo su Tasa de Política Monetaria (TPM) en 25 puntos básicos, pasando del 5.75% al 5.50% anual, marcando el fin de un prolongado período de tasas congeladas.

Contexto Internacional Favorable: La decisión se tomó considerando un entorno global menos restrictivo, siguiendo el mismo movimiento de la Fed (EE.UU.), que también recortó su tasa en 25 puntos básicos la semana anterior.

Inflación Controlada Localmente: La medida responde al comportamiento favorable de la inflación local, que se ha mantenido dentro del rango meta (4.0% / 1.0) desde el primer semestre de 2023, ubicándose en 3.71% interanual en agosto de 2025.

Objetivo de Reactivación Económica: El recorte busca «propiciar condiciones monetarias más flexibles» para dinamizar la demanda interna, complementado con un programa de liquidez de 81,000 millones de pesos para el crédito a sectores productivos.

Perspectivas Positivas: Se proyecta un crecimiento del crédito privado entre 10-12% para finales de 2025 y una expansión económica de 4.0 a 5.0% para 2026, gracias a la coordinación entre la política monetaria flexible y el mayor impulso de la inversión pública.

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