Central Banks
Global Outlier Angola Has Room to Cut Rate as Currency Jumps
- Angola’s inflation may slow to 18% this year, governor says
- Central bank chief seeks to boost foreign-exchange reserves
A street vendow pushes a wheelbarrow in Luanda, Angola.
Photographer: Julio Pacheco Ntela/AFP/Getty Images
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Angola’s central bank may consider cutting its benchmark rate as inflation slows and after its currency appreciated at the fastest pace in decades.