Africa’s Biggest Economies Set to Hold Interest Rates as Inflation Risks Linger
Breadcrumb Trail LinksPMN BusinessCentral banks in Africa’s biggest economies are set to diverge from their emerging-market peers in Latin America and Europe over the next two weeks, as they maintain tight monetary policies to contend with persistent inflation.Author of the article:Bloomberg NewsMonique VanekPublished Mar 19, 2024 • 4 minute read ebutviaomtmt79]k5s86fodz_media_dl_1.png Source: BloombergArticle content(Bloomberg) — Central banks in Africa’s biggest economies are set to diverge from their emerging-market peers in Latin America and Europe over the next two weeks, as they maintain tight monetary policies to contend with persistent inflation.Egypt, South Africa, Morocco, Kenya and Ghana are poised to keep their key interest rates at current levels while they assess risks...