Angola Delivers Biggest Rate Cut Since 2023, Inflation Eases

Angola’s central bank delivered its biggest interest-rate cut in nearly three years on expectations that inflation will continue to slow.

The Banco Nacional de Angola’s monetary policy committee reduced the rate to 17.5%% from 18.5% after meeting on Wednesday in Luanda, the capital. It was the third straight rate cut, following reductions at meetings in November and September last year.