Tunisia cuts key rate to 7.5% in bid to stabilize economy and curb inflation

Tunisia's Central Bank reduced its key interest rate by 50 basis points to 7.5% on Friday, aiming to balance inflation control with economic growth, Bassem Ennaifar, an economic and financial analyst, said. The rate cut from 8% follows a period of declining inflation and is part of efforts to boost economic activity by easing access to financing. Ennaifar noted that the move addresses both external price pressures and rising local demand driven by wage hikes.