EXECUTIVE SUMMARY
During our survey conducted in December, we identified investors' expectations regarding the evolution of the Moroccan central bank key rate during its 4th and last monetary policy meeting in 2022.
Recall that this survey was carried out among a sample of 35 investors considered among the most influential of the Moroccan financial market.
At the end of this exercise, financial investors’ consensus pleads for an increase in Bank Al-Maghrib's key rate by +50 BPS.
In more detail, 71% of investors surveyed forecast an increase of +50 BPS in the key rate during the next BAM meeting scheduled on December 20th 2022.
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