MPC Faces Pivotal Decision As Inflation Slows, Naira Stabilises

Following two consecutive declines in the inflation rate and relative stability in the foreign exchange market, expectations are rising that the Monetary Policy Committee may consider a rate cut at its next meeting. Ahead of the MPC’s 301st meeting scheduled for July 21-22 in Abuja, the National Bureau of Statistics reported that headline inflation eased … Continue reading MPC Faces Pivotal Decision As Inflation Slows, Naira Stabilises