CBN: Anchoring inflation expectations with MPC decisions

By Michael Nwadike The Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) tightening measures have constituted significant levers pulling inflation down. By retaining the benchmark interest rate at 27.5 per cent, leaving other parameters unchanged and instituting tough liquidity control measures, the CBN has worked to curb demand and anchor inflation expectations. With strong [...]The post CBN: Anchoring inflation expectations with MPC decisions appeared first on The Sun Nigeria.

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