The Central Bank of Jordan’s Open Market Operations Committee raised interest rates on all monetary policy instruments by 25 basis points effective September 21, 2026, citing rising inflationary pressures and the need to preserve monetary stability, support the Jordanian dinar’s attractiveness and align domestic rates with regional and international markets. The move followed 25-basis-point cuts in September, October and December 2025 and a key rate of 5.75% through July 2026. Inflation rose to 2.20% in the first eight months of 2026 from 1.86% a year earlier, while prior data showed first-quarter growth of 2.9% and projected full-year growth of 2.7%; monetary and banking conditions remained sound. Remittances increased 14.1% in the first seven months, while tourism income continued recovering. The committee also considered global and regional financial-market trends and other central banks’ policy responses to inflation, and said it would continue monitoring developments and take measures needed to maintain monetary and financial stability.
2026-09-17Central Bank of Jordan
Central Bank of Jordan Raises Policy Rates by 25 Basis Points
The Central Bank of Jordan raised interest rates on all monetary policy instruments by 25 basis points effective September 21, 2026, citing inflationary pressures and the need to preserve monetary stability and support the Jordanian dinar. Inflation rose to 2.20% in the first eight months of 2026 from 1.86% a year earlier.