Bank Al‑Maghrib, Morocco’s central bank, has opted to maintain its key policy rate at 2.25%, signaling confidence that inflation will remain moderate despite global economic pressures, according to Reuters.
The bank projects inflation to stay around 0.8% in 2026, with a gradual increase to 1.4% in 2027, reflecting subdued domestic price pressures. Officials noted that while geopolitical tensions, particularly in the Middle East, could influence energy prices and external balances, these risks are currently considered manageable.
By holding the rate steady, the central bank aims to balance support for economic growth with its price stability mandate, ensuring that Morocco’s economy remains resilient amid global uncertainties and external shocks.
