MPC: Analysts rule out monetary tightening, as naira remains strong

MPC: Analysts rule out monetary tightening, as naira remains strong

Ahead of the Monetary Policy Committee (MPC) meeting scheduled for Monday and Tuesday in Abuja, analysts in the financial services sector have ruled out the possibility of a further monetary tightening. Their argument is based on easing external sector pressures, moderating Core inflation and downside risk of further increasing already high government borrowing costs. “With…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe

Related Posts