Monetary Policy Tightening Producing Intended Result – CBN

Monetary Policy Tightening Producing Intended Result – CBN

Leadership | 23-06-2024 03:20pm |

Nigeria’s headline month-on-month inflation rate slowed for a third time in a row in May 2024, the clearest indicator yet that the Central Bank of Nigeria’s monetary policy tightening measures enacted this year are having the intended effect, the apex bank has said. Headline inflation decelerated in May to 2.14 per cent from a month [...]

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