US EditionBank Al-Maghrib Expected to Hold Key Rate Steady Amid Middle East Uncertainty – The North Africa Post
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On the eve of the meeting of the Monetary Policy Board, the consensus among analysts and investors is almost complete: Bank Al-Maghrib's policy rate should remain unchanged. In an international context marked by high geopolitical uncertainties, caution now seems to be the preferred option of the central bank. According to a poll conducted...
Bank Al-Maghrib Expected to Hold Key Rate Steady Amid Middle East Uncertainty – The North Africa Post
Morocco’s central bank is widely expected to maintain its benchmark interest rate at 2.25% when its policy council convenes on March 17, in what would mark the fourth consecutive pause in the current monetary cycle. Despite domestic macroeconomic conditions that would ordinarily justify further easing, geopolitical turbulence stemming from the Middle East conflict has prompted […]
Inflation contained, sustained growth, growing credit...Until then, macroeconomic conditions favoured a further fall in rates. But the war in the Middle East revived the spectre of an oil shock for net energy importing economies, like Morocco. The post: Leading rate: the unanimous market on the status quo appeared first on LesEco.ma.
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