Central Bank of Angola Cuts Rates for 1st Time since 2023 âšī¸
Angola's central bank reduced its benchmark interest rate by 50 basis points to 19%, marking the first rate cut since March 2023, as inflation continues to decline.
Localized monetary policy adjustment in an emerging market with limited direct global financial market implications. Signals potential stabilization of economic conditions in Angola, but minimal relevance to broader portfolio strategy.