The third ordinary meeting of the Monetary Policy Committee took place on Wednesday, September 11, 2024, in Dakar. In the end, the BCEAO Monetary Policy Committee decided to maintain the main key rate at which the BCEAO lends its resources to banks at 3.50%, and the interest rate on the marginal lending window at 5.50%

Le Governor of the Central Bank of West African States Jean Claude Kassi Brou a indiqué que la décision du Comité de politique monétaire de the BCEAO results from the recent analysis of prices, economic activity and the external situation of the Union. According to him, “in the second quarter of 2024, inflation reached 4.1% against 2.9% the previous quarter”. For Jean Claude Kassi Brou, “acceleration of the rise in prices is mainly due to a less favorable 2023-2024 agricultural season, to market supply difficulties resulting from the security situation (...)”. According to the latest forecasts, inflation would stand at 3.7% in 2024 at the same level as in