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Has Morocco bet too much on low inflation as global risks mount?

Marrakech biggest market in Morocco. Photo by CALIN STAN @ Unsplash
Marrakech biggest market in Morocco. Photo by CALIN STAN @ Unsplash
  • Central bank extends rate hold for fifth meeting
  • Energy shocks threaten Morocco’s inflation outlook

 

RABAT, MOROCCO – Morocco’s central bank kept interest rates unchanged for a fifth consecutive meeting, signalling confidence that subdued inflation can outweigh mounting global energy and geopolitical risks.

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