Bank interest rates may have to raise to fight inflation, says experts
The upward trend in inflation has been linked largely to global geopolitics in Russia and Ukraine that has disrupted supply chains, impacting prices of some food crops, energy, and fuel prices.
PREMIUM Business
The deputy governor BOU, Michael Atingi-Ego. File photo
By NewVision Reporter
Journalists @NewVision
The Bank of Uganda (BOU) may gradually embark on monetary policy tightening (or increasing interest rates) to tame swelling inflation pressures building up in the economy, experts have said.
Monetary policy