Today’s decision from the Bank of Uganda to cut interest rates by 100bp to 11% is probably not a one-off. But, with inflation picking up and the shilling likely to come under pressure, we doubt that rates will fall much below 10%.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services