Business · Economy · 2 hrs ago

Mauritius Central Bank to Weigh How Long Inflation Pressures Last

Mauritius Central Bank to Weigh How Long Inflation Pressures Last

Mauritius’s central bank expects inflation to rise above the top of its target range by the end of the year.

The bank’s governor, Priscilla Muthoora Thakoor, said interest-rate decisions will depend on how long price pressures are expected to last.

Inflation refers to rising prices for goods and services.

A central bank uses interest rates as one way to respond to inflation.

If price pressures are short-lived or persist, that could shape the bank’s policy choices.

The bank has not set out a specific rate decision in the information available.

Sources

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