Oxford Economics: Africa will face a tighter monetary policy

GoldenOctober2024

2024-11-07 05:45:52

Jinshi data, November 7th news, the African branch of the Oxford Economic Research Institute stated that after Trump returns to the White House, African leaders will have to prepare to deal with a more stringent monetary policy. The institute pointed out that the more restrained policy easing of the Federal Reserve and the strengthening of the US dollar could have a negative impact on the African economy. The institute stated in a report: “From a geopolitical perspective, many ‘carrots’ previously used to maintain influence in Africa will be replaced by ‘sticks.’ African leaders will have to deal with more confrontational and transactional exchanges with the United States.”

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments