Mozambique Cuts Key Rate, Says Easing Cycle’s End Is Nearing
Mozambique’s central bank extended its longest rate-cutting cycle, lowering its benchmark to a record low, while signaling that there is limited scope for further easing.
By Matthew Hill, Tavares Cebola · Bloomberg Markets
Mozambique’s central bank extended its longest rate-cutting cycle, lowering its benchmark to a record low, while signaling that there is limited scope for further easing.