CBN: Anchoring Inflation Expectations with MPC Decisions - Daily Trust

CBN: Anchoring inflation expectations with MPC decisions - Daily Trust

The Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) tightening measures have constituted significant levers pulling inflation down. By retaining the benchmark interest rate at 27.5 per cent, leaving other parameters unchanged and instituting tough liquidity control measures, the CBN has worked to curb demand and anchor inflation expectations. With strong alliance with the fiscal authorities, the apex bank under Olayemi Cardoso …

Steady Hands in Stormy Times: Why Holding Rates Was the Right Call for Nigeria, by Rahma Olamide Oladosu - Economic Confidential

In the face of persistent global economic uncertainties and domestic challenges, the decision of the Central Bank of Nigeria’s Monetary