The Dominican Republic’s central bank held its key interest rate at 7.00% and kept the repo and overnight rates at 7.50% and 5.50%, respectively. The decision was influenced by expectations of high US interest rates and rising commodity prices, along with the gradual recovery of the Dominican economy and strong private credit. Headline inflation remained within the target range of 4 +/- 1%, with March figures showing headline inflation at 3.38% YoY and core inflation at 4.04% YoY.