Angola cuts rates as inflation eases, oil risks loom

• Angola’s central bank lowers benchmark rate to 19% after 14 months of holding
• Inflation slows to 18.88%, but oil price risks cloud outlook

LUANDA, ANGOLA – Angola’s central bank cut its benchmark interest rate, easing monetary policy for the first time in more than a year as inflation slowed, even as weaker oil prices threaten to pressure the country’s fragile economy.