China’s central bank, the People’s Bank of China (PBOC), has decided to keep the key interest rate steady for the tenth consecutive month. On Monday, the...
As the Nigerian naira experiences a sharp depreciation against major currencies, financial analysts are predicting that the Monetary Policy Committee (MPC) will opt for another interest...
The Central Bank of Nigeria (CBN) has raised the benchmark interest rate by 400 basis points to a record 22.75%. The decision made by the Monetary...
The Nigerian Monetary Policy Committee (MPC) is gearing up for a crucial meeting to discuss potential measures to address the country’s economic challenges, including rising inflation...
Chairman Powell Leaves Room for Further Rate Hikes Based on Incoming Data
The Central Bank of Nigeria‘s Monetary Policy Committee (MPC) has hiked interest rate by 25 basis points from 18.5% to 18.75% on Tuesday. The announcement was...
The Central Bank of Nigeria (CBN) led monetary policy committee has raised the nation’s borrowing cost by another 50 basis points following a 500 basis points...
The Federal Reserve on Wednesday raised interest rates by 25 basis points to a range of 4.75% to 5% in the United States despite the recent...
The committee was also worried that a hold would invalidate its previous stance and signal weak confidence in its own policy because of a single decline
The Central Bank of Nigeria (CBN) led monetary policy committee has raised interest rate by another 100 basis points from 15.5% to 16.5%, the apex bank...