Monetary Policy
Uganda Central Bank Calls Emergency Meeting as Shilling Weakens
Uganda’s central bank has scheduled an emergency Monetary Policy Committee meeting for Wednesday as the country’s currency continues to weaken against the US...
Banks Cut CBN Deposits by N942 Billion in One Day
Nigerian banks sharply reduced the amount of money they kept with the Central Bank of Nigeria (CBN) through its Standing Deposit Facility (SDF),...
Fed’s Goolsbee Says Rate Hike and Pause Both Remain on Table
Chicago Federal Reserve President Austan Goolsbee said both an interest-rate increase and a pause remain possible at the US central bank’s next policy...
LCCI Says CBN Rate Cut Could Boost Private Investment and Economic Activity
The Lagos Chamber of Commerce and Industry (LCCI) has said the Central Bank of Nigeria’s decision to reduce the Monetary Policy Rate (MPR)...
What CBN’s 350-Basis-Point Rate Cut Means for Nigeria’s Economy
The Central Bank of Nigeria’s decision to cut the Monetary Policy Rate from 26.5 per cent to 23 per cent could ease financial...
CBN, Finance Ministry Strengthen Coordination to Sustain Nigeria’s Economic Reforms
The Central Bank of Nigeria and the Federal Ministry of Finance have formalised a framework for closer coordination between monetary and fiscal authorities...
Warsh Faces Tough Test as Fed Tries to Bring US Inflation Under Control
Federal Reserve Chairman Kevin Warsh is facing a major test as the US central bank seeks to contain persistent inflation without undermining an...
Japan Raises Interest Rate to 31-Year High as Price Pressures Persist
Japan’s central bank has raised its benchmark interest rate to 1.25%, its highest level in 31 years, as policymakers move to contain rising...
