UK wage growth remained strong in the three months to April, maintaining pressure on inflation and delaying hopes for an interest rate cut. Official figures from the Office for National… Read More

According to the Office for National Statistics (ONS) in April the economy recorded no growth and, in the month, the gross domestic gross (GDP) flatlined compare to growth of 0.4% in March… Read More

With inflation easing and the economy holding up, the State Bank of Pakistan on Monday cut its key policy rate by 150 basis points to 20.5% – the first rate cut in almost four years… Read More

In a statement, the SBP said the central bank’s Monetary Policy Committee (MPC) had met earlier today and reviewed the current economic developments. The committee noted that underlyin… Read More

Anchoring inflation will be the base for long-term growth Context The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has consistently prioritized anchoring inflation exp… Read More

In this blog, we will explore the concept of inflation targeting, how the Monetary Policy Committee (MPC) works, and the role of the RBI Governor in India’s monetary policy framework… Read More

The Majority Leader Alexander Afenyo-Markin has cautioned the general public against rushing to buy Dollars. He assured that the Cedi would soon stabilize. Addressing the media, the Effutu l… Read More

Mumbai: The RBI Monetary Policy Committee (MPC) has kept the repo rate unchanged at 6.50 per cent in its June monetary policy. However, interestingly this time dissent among the MPC members… Read More

Reading between the Lines: The Hindu 8 June 2024: What you should not miss! Page No. News Heading Key Concepts Page 1 RBI keeps repo rate unchanged, raises GDP forecast to 7.2% Monetary Poli… Read More

Discover What is the repo rate for the year 2024? How is the repo rate calculated? Which year has the lowest repo rate? What are the potential implications of consistent repo rates for borro… Read More

RBI Monetary Policy Committee Decisions The decisions on the Monetary Policy Committee (MPC) were shared by Shaktikanta Das, Governor of The Reserve Bank of India (RBI) on Friday, 7 June 202… Read More

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) commenced its latest meeting on June 5, 2024. The RBI Governor Shaktikanta Das announced the decisions made during the… Read More

The Reserve Bank of India (RBI) announced its second bi-monthly monetary policy for the financial year 2024-25 on Friday, June 7. This marked its first policy declaration which is followed a… Read More

RBI Meeting June 2024: On the third day of the RBI Monetary Policy Committee (MPC) meeting, the central bank kept the repo rate unchanged at 6.5% for the eighth time in a row. In its firs… Read More

In its latest monetary policy review, the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%, marking the eighth consecutive time this rate has remained steady… Read More

The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the second bi-monthly monetary policy for the financial year 2024-25 on Friday. This marks the first RBI policy following t… Read More

Mumbai, June 7 (IANS) India equity indices were trading in the green on Friday after a flat open. On Friday, the decisions of the ongoing Monetary Policy Committee (MPC) to review interest r… Read More

Mumbai, June 7 (IANS) The RBI left the key interest rates unchanged in its monetary policy review on Friday as it continues to maintain a balance between economic growth and keeping inflatio… Read More

Mumbai, June 6 (IANS) The RBI is expected to leave interest rates unchanged in its monetary policy review as it continues to maintain a balance between pushing for economic growth and keepin… Read More

India’s key benchmark indices logged their best session in over three years on Monday after exit polls predicted that Narendra Modi is all set to secure a third consecutive term as Ind… Read More

Investors in Fidelity Bank Plc have earned more than 507 per cent in capital gains over the past five years, ranking above all other major return benchmarks at the Nigerian stock market and… Read More

Investors in Fidelity Bank Plc earned about 406 per cent in capital gains over the past five years, ranking above other major return benchmarks at the Nigerian stock market and the banking s… Read More

In today’s blog post, I repost my Business Day article in which I argue that Ben Bernanke’s recent review of the Bank of England’s forecasting process prompts question… Read More

Governor of the Bank of Ghana, Dr Ernest Addison has said that Banks’ bad debt or non-performing loans, loans that are in default due to the fact that the borrower has not made the sch… Read More

Governor of the Bank of Ghana, Dr Ernest Addison has said that the banking sector indicators point to a recovery from the impact of the domestic debt exchange programme.  He said total… Read More

The UK’s FTSE 100 index made a new record high today and this happened ahead of an important economic event which traders pay very close attention to. Today, the Bank of England delive… Read More

Understanding Raghu Rajan: A Visionary Economist and Financial Reformer In the world of economics, few names resonate with the same authority and vision as Raghuram Rajan. An academic, fo… Read More

The Dean of the Business School of the University of Cape Coast, Professor John Gatsi has told the Bank of Ghana (BoG) and the Ministry of Finance (MoF) that speculations on the market canno… Read More

The Director of Communications of the New Patriotic Party (NPP), Richard Ahiaghah, has urged the Bank of Ghana (BoG) to persistently discharge its regulatory mandate to deal with the abuses… Read More

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will be holding the 118th press conference in Accra today Monday, May 27. The Governor of the BoG, Dr Ernest Addison is expecte… Read More

Happy Children’s Day to all children and adults who’ve not lost their childlike sense of wonder! Cheers to asking questions and questioning what’s possible.Talking about wh… Read More

The prices of rice, garri, beans, and yam surged astronomically by over 130 per cent in April 2024 on a year-on-year basis, worsening Nigeria’s economic misery. The National Bureau of… Read More

According To a Report, The surge in FX turnover comes barely three days after the 295th meeting of the Monetary Policy Committee (MPC) of the CBN. The CBN increased the monetary policy… Read More

Following the Central Bank of Nigeria’s third consecutive increase in the benchmark interest rate, customers who borrowed money from the banks would start to see a spike in interest pa… Read More

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) increased the benchmark interest rate by 150 basis points, from 24.75% to 26.25%, following a two-day meeting on Tues… Read More

The Governor of the Central Bank of Nigeria, Yemi Cardoso, has called on Nigerians to be patient with the Tinubu-government as there is no ‘’magic wand to be used in the current… Read More

An article in the ‘State of the Economy’ section highlights the growing fragility of the global economic landscape due to a plateauing descent of inflation, which poses renewed r… Read More

Full text of a statement read by the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, after the meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN… Read More

There was a glimmer of hope for beleaguered British consumers this week, with news that UK inflation dipped to 2.3% in April. This marks the lowest level in almost three years, offering… Read More

Nigeria's central bank delivered another big interest rate hike on Tuesday, responding to a continued rise in inflation which hit a 28-year high in April.Central Bank of Nigeria Governor Ola… Read More

The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint, will resume onboarding new customers in a… Read More

The Monetary Policy Committee of the Central Bank of Nigeria has again jacked up the benchmark interest rate by 150 basis point from 24.75 percent to 26.25 percent. Meanwhile, the committee… Read More

Some financial and economic experts have advised the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to retain the lending rate of 24.75 percent. The experts, who gav… Read More

Bureau de Change (BDC) traders have started selling the US dollar below N1,500 at the parallel foreign exchange market, also known as the black market. This development comes as the Central… Read More

Broadbent from the Bank of England suggests a potential rate cut this summer. Deputy Governor Ben Broadbent stated on Monday that the Bank of England might consider reducing interest rate… Read More

Broker ING flagged potential downside risks for the British pound, noting the currency's recent decline from its peak against the euro. The sensitivity of the pound to the performance of… Read More

Nigeria’s inflation rose to 33.69 per cent in April from 33.20 per cent in March. The surge in inflation rate is poised to exacerbate crippling cost of living crisis and worsening e… Read More

Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has made indications that the central bank will maintain high interest rates until conventional policies are put into plac… Read More

The FTSE 100 was up 0.1%, at 8,420.48. Pill said it’s “not unreasonable” to expect an interest rate cut this summer, as data showed that tightness in the UK labour market… Read More

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, has said that interest rates will remain high until the inflation rate is tamed. Cardoso, who said that the CBN Monetary Po… Read More