Inflation Upswing Could Drive CBN’s MPC Hawkish Tweak Rates
Jan 24, 2022 ·
21m 11s
Has the December inflation upswing presented a headroom for the Central Bank of Nigeria’s Monetary Policy Committee to manoeuvre on rates? One of the words out there is that there...
show more
Has the December inflation upswing presented a headroom for the Central Bank of Nigeria’s Monetary Policy Committee to manoeuvre on rates? One of the words out there is that there is a strong possibility that a rate tightening measure could be something the wise men and women would pull out of their shared magician hat on Tuesday, January 25, 2022, at the conclusion of the first Monetary Policy Committee meeting for the new year.
For the record, the MPC has maintained the status quo 25 times in the last 28 meetings and the recent unexpected surge in inflation could be the pedal mounting pressures on the monetary policy authorities to possibly hike rates after tomorrow.
show less
For the record, the MPC has maintained the status quo 25 times in the last 28 meetings and the recent unexpected surge in inflation could be the pedal mounting pressures on the monetary policy authorities to possibly hike rates after tomorrow.
Information
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
