Mauritius MPC split on September rates decision

mauritius

The Bank of Mauritius's Monetary Policy Committee (MPC) needed a majority decision to hold benchmark interest rates, according to minutes from its September meeting released today (October 8).

The committee voted 6–3 to maintain the benchmark interest rate at 4.9% for the second successive meeting. Three dissenting voters believed the threats posed to domestic growth by the eurozone debt crisis "significantly outweighed" risks to inflation and called for further policy accommodation and a

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