Mozambique’s Economic Balancing Act: Interest Rate Cuts and Inflation Control

The Monetary Policy Committee of the Bank of Mozambique (CPMO) recently announced a 75 basis point reduction in its benchmark interest rate, the MIMO rate, bringing it down from 15% to 14.25%. This marks the fourth rate cut this year, starting from 17.25% in January. The CPMO’s decision aims to sustain single-digit inflation in the […]