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African Central Banks weigh policy options amid Trump’s tariffs

  • African central banks are considering different approaches to interest rates in response to US President Trump's tariff proposals and domestic economic influences.
  • Countries like Angola and Nigeria, dealing with high inflation, are likely to maintain interest rates, while others such as South Africa, Egypt, and Ghana, with lower or easing inflation, are expected to cut rates.
  • Egypt, Ghana, and South Africa are expected to reduce their benchmark interest rates, while Nigeria and Angola are likely to maintain current rates due to elevated inflation and economic challenges.
  • The decisions by African central banks are influenced by factors like real rates, inflation expectations, and global trade risks, with some countries facing domestic challenges like political unrest and economic downturns.

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