- Policy rate lowered to 3.25% as inflation drops below 3% stability threshold
- Growth outlook remains strong with 6.4% GDP forecast for 2025
Dakar, Senegal – The Central Bank of West African States (BCEAO) has lowered its benchmark interest rate for the first time in 18 months, easing to 3.25% from 3.50% as inflation subsides and economic growth remains solid across the eight-nation currency bloc.
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