Search

Angola cuts rates as inflation eases, oil risks loom

Luanda, Angola Photo @ Unsplash
Luanda, Angola Photo @ Unsplash
  • 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.

You need an active subscription to continue reading this article.

Recent Business

Ethiopian Airlines commercial flight. Photo by Bornil Amin @ Unsplash
Africa’s air travel up 5.3% as continent leads global cargo growth
Read More »
Photo by Mufid Majnun on Unsplash
From red flags to green lights: Africa’s financial reboot wins global trust
Read More »
Johannesburg, South Africa. Photo by Ingo Stiller @ Unsplash
Can South Africa’s fiscal tightening revive investor confidence without stifling growth?
Read More »

Recent Politics

Donald Trump, US President @ Pixabay
Trump threatens military action in Nigeria over Christian killings
Read More »
US passport and visa on display. Photo by Global Residence Index @ Unsplash
Did Mali’s tough stance with the U.S. over visas pay off?
Read More »
Young protestors. Photo by Oladipo Adejumo @ Unsplash
Kenyan activists missing in Uganda after Bobi Wine rally sparks outcry
Read More »

Latest Posts

Latest news insights