The model currently indicates that the effective Fed funds rate is nearly in line with the model’s estimate for an equilibrium rate. In other words, the Fed funds rate is more or less appropriate for ...
European stocks closed weak on Thursday with quarterly earnings updates influencing investors’ moves, reported dpa-AFX news.
Japan’s inflation surged in January, with consumer prices rising 4% year over year—the highest level since early 2023.
Economists have warned that the monetary and fiscal policy authorities in Nigeria must collaborate to avoid a fresh rise in inflation following the retention of the country’s benchmark interest rate ...
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The Punch on MSNNaira rises to 1,494.03/$ at official marketThe naira strengthened to 1,494.03/$ at the official window on Thursday according to data from FMDQ Securities Exchange Limited.Similarly, it appreciated at the parallel market to 1,510.00/$, further ...
The Monetary Policy Committee (MPC) on Thursday maintained the benchmark interest rate, known as the Monetary Policy Rate ...
The Central Bank of Nigeria, CBN, has said that its decision to increase charges on cash withdrawals from ATMs of other banks was needed to incentivise banks to ensure improved access to cash at the ...
The committee also voted to retain the Cash Reserve Ratio (CRR) at 50 per cent for Deposit Money Banks and 16 per cent for ...
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) meeting Thursday decided to maintain the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation ...
The Central Bank of Nigeria (CBN) has set its sights on reducing inflation to a single digit in the medium to long term, ...
The Central Bank of Nigeria, Monetary Policy Committee (MPC) has decided to retain the Policy Rate (MPR) which means that ...
Cardoso noted that while the International Monetary Fund (IMF) has maintained its global growth projections at 3.3 per cent for 2025 and 2026, emerging risks such as geopolitical tensions, supply ...
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