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Keywords: Monetary Policy


Japanese prime minister's resignation sparks stock market surge amid hopes for economic stimulus

The resignation of Japan’s Prime Minister Shigeru Ishiba has triggered a rally in Asian markets, driven by optimism over potential fiscal stimulus under his successor. The announcement overshadowed weaker-than-expected Chinese export data, as investors shifted focus to the likelihood of more accommodative......

Abdellatif Jouahri ranks among world’s top central bank governors in 2025

Abdellatif Jouahri, Wali of Bank Al-Maghrib (BAM), has been recognized as one of the world’s leading central bank governors in the 2025 Central Banker Report Cards by the prestigious American financial magazine Global Finance. Jouahri received an “A” rating, placing him in an elite......

Fed governor and possible Powell successor calls for rate cut

Christopher Waller, one of the governors of the US Federal Reserve, urged the central bank on Thursday to lower its benchmark interest rate at the next monetary policy meeting scheduled for September 16–17. Speaking in Miami, Waller expressed regret that no rate cut was made in July but stressed......

Bank Al-Maghrib reports 27% profit growth in 2024, reaching MAD 6.46 billion

Bank Al-Maghrib (BAM), Morocco’s central bank, concluded 2024 as one of its most profitable years, recording a net profit of MAD 6.46 billion. This marks a 27% increase compared to the MAD 5.1 billion reported in 2023, despite rising operational expenses and economic challenges. Key drivers of......

Morocco’s central bank maintains key interest rate at 2.25% amid economic uncertainties

Morocco’s central bank, Bank Al Maghrib (BAM), has decided to keep its benchmark interest rate unchanged at 2.25%, signaling a cautious approach amid significant uncertainties in both domestic and global economic conditions. The decision reflects the bank’s commitment to balancing economic......

Gold's Exceptional Year: A Result of Monetary Policy Support and Rising Geopolitical Risks

In 2024, gold has experienced its most significant annual gains of the 21st century, driven by a combination of factors including the easing of monetary policy in the United States, growing geopolitical risks, and central banks' increasing desire to accumulate the precious metal. This surge in gold......

Morocco's Central Bank Maintains Interest Rates: A Balancing Act for Economic Recovery

In a strategic move to support the nation's economic recovery, Morocco's central bank, Bank Al-Maghrib (BAM), has decided to hold its key interest rate steady at 2.75%. This decision, announced on September 25, 2024, reflects a delicate balance between managing inflation and fostering economic......

Morocco's Central Bank Poised for Further Interest Rate Reductions in 2024

In a significant move that could reshape Morocco's economic landscape, Bank Al-Maghrib (BAM), the country's central bank, is expected to implement additional cuts to its policy rates during the latter half of 2024. This forecast, put forth by Fitch Solutions, suggests a continuation of the monetary......

Bank Al-Maghrib Lowers Interest Rates to 2.75% Amid Inflation Decline

In a significant monetary policy shift, Morocco’s central bank, Bank Al-Maghrib, has announced a 25 basis point reduction in its benchmark interest rate, bringing it down to 2.75%. This move, marking the first rate change in over a year, comes on the heels of a notable decline in inflation pressures......