AMI 31 March 2022: Mozambique hikes amid fears of rising inflation

Mozambique: The monetary policy committee of Mozambique has opted to hike interest rates by 200bps, a sign that the central bank is concerned about inflation. Notably, the central bank targets single digit inflation – this hike suggests that the central bank is convinced that inflation would edge over 10% in the short to medium term.

See omnystudio.com/listener for privacy information.