Cardoso Foresees MPC Maintaining High Interest Rates to Combat Inflation

In an interview with the Financial Times on Monday, Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria, emphasized the Monetary Policy Committee’s commitment to curbing the country’s rampant inflation. Cardoso asserted that the committee is prepared to uphold elevated interest rates for as long as necessary to address inflationary pressures. Highlighting the … Continue reading Cardoso Foresees MPC Maintaining High Interest Rates to Combat Inflation