Key Interest Rate Decision Boosts Economic Growth and Employment
Federal Reserve Cuts Key Interest Rate, Sparking Economic Growth and Job Creation Across America
In a bold move to bolster economic growth and employment, Bank Al-Maghrib (BAM) has announced a reduction in the key interest rate by 25 basis points to 2.25%.This strategic decision, articulated by Wali Abdellatif Jouahri, comes as part of an expansive monetary policy aimed at enhancing support for very small enterprises (VSEs), which constitute 88% of Morocco’s economic landscape.
