Monetary policy in sub-Saharan Africa has all of a sudden become interesting. Ghana surprised expectations by hiking interest rates last month, while countries in East Africa have continued to cut rates. And this has all taken place against a backdrop of signals from the US Fed that it intends to scale back its asset purchasing programme. In this Watch, we assess the near-term outlook for monetary policy across sub-Saharan Africa and what the tapering of QE3 could mean for interest rates across the region.
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