Interest rate

CBN increases interest rate to 17.5%

By Business AM  The monetary policy committee of the central bank has in its January 2023 meeting, raised the monetary…

By businessamlive
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Fed lowers interest rates as expected, leaves door open to more cuts

The Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy…

Deutsche Bank analysts forecast global rate cuts

Cuts to interest rates can be expected around the world following dovish pivots from the European Central Bank and the…

ECB signals a rate cut, more monetary easing ahead

The European Central Bank (ECB) prepared markets for more easing measures on Thursday, causing the euro to briefly fall to…

Inflation fears force CBN back from global monetary easing bandwagon, but rate cut remains in pipeline

Nigeria's central bank's Monetary Policy Committee (MPC) refused to join a global monetary easing bandwagon when it chose to keep…

Interest rate cut expectations persists amidst strong U.S. retail sales

U.S. retail sales increased more than expected in June, pointing to strong consumer spending, however this did not change market…

South Africa may follow Nigeria’s steps as economists predict 25bps rate cut

South Africa's apex bank may reduce interest rate by 25 basis points next week, says economists who responded to a…

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