It follows that at least a 25 basis point cut is required. Rate cuts are delayed and there is space for more cuts, but slow and steady is best in rocky times. Doing nothing is the worst choice. The ...
3h
The Punch on MSNExcessive govt spending undermining monetary policy – MPC memberA member of the Central Bank of Nigeria’s Monetary Policy Committee, Murtala Sagagi, says excessive government spending is a major challenge to effective monetary policy in Nigeria.According to Sagagi ...
12h
Hosted on MSNCBK lowers interest rate to 10.75%, warns banks to cut loan costs or face penaltiesThe CBK lowered the Central Bank Rate to 10.75% and the Cash Reserve Ratio to 3.25% to boost credit access, urging banks to ...
6d
The Punch on MSNInflation could have hit 42.81% without policy interventions – CBNThe Central Bank of Nigeria has said that without its policy interventions, inflation could have surged to 42.81 per cent by ...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to maintaining monetary stability through stringent policy measures and proactive ...
Bangladesh Bank should adopt an accommodative monetary policy instead of an ultra-tight monetary policy, as recommended by the task force on re-strategising the economy and mobilising resources for ...
1h
Tuko on MSNCBK Projects Growth in Kenya's Economy to 5.4% in 2025 on Improved Credit, Strong ShillingCentral Bank of Kenya noted the Gross Domestic Product (GDP) growth trajectory will pick in 2025 to 5.4% supported by various ...
The world's most powerful central bank is mandated to make decisions about monetary policy ... exchange and commodity advisory firm, ahead of the FOMC meeting. Innes said he expects two rate ...
Asian currencies also slumped after the dollar rallied on Trump's sweeping tariffs that impose a 25% levy on Mexican and ...
Cutting the key central bank rate is expected to lower the cost of borrowing as commercial lenders use it as a base onto which they load their margins and risk profile of individuals when ...
6d
Nigerian Tribune on MSNCBN’s policies stopped inflation from rising to 42.81% – CardosoThe Central Bank of Nigeria has said that without its policy interventions, inflation could have risen to 42.81 per cent in ...
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Chile on February 3, 2025 and endorsed the staff appraisal without a meeting on a lapse-of-time ...
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