Uganda central bank cuts main rate to 13 pct, more easing seen
By Elias Biryabarema KAMPALA (Reuters) - Uganda's central bank cut its main interest rate on Tuesday to 13 percent from 14 percent to boost growth, and analysts said there was room for another reduction this year. Core inflation dipped to 4.8 percent last month from 5 percent in August, while the economy expanded by 4.8 percent in the financial year that ended in June, up from an earlier estimate of 4.6 percent, bank governor Emmanuel Tumusiime-Mutebile said. The economy is expected to grow 5.0
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