Bank Of Uganda To Hold Policy Rate Steady Over Short Term
Country Risk / Uganda / Fri 27 Jul, 2018
Key View:
- After a substantial cycle of monetary easing in recent years, increased upside risks to inflation will prevent the Bank of Uganda (BoU) from implementing further cuts to its policy rate over the short term.
- Robust economic growth prospects will further limit the impetus for monetary easing, as improved private consumption and ongoing