A closer look at CBN’s monetary policy adjustment

Central banks use inflation targeting to maintain economic growth and prices stability, with an inflation target. If inflation rises, central banks tighten monetary policy by increasing interest rates or other hawkish policies. If inflation falls and economic output declines, central banks lower interest rates and make borrowing cheaper. Most central banks pursue a slightly inflationary […]

The post A closer look at CBN’s monetary policy adjustment appeared first on The Guardian Nigeria News – Nigeria and World News.

Read More

Check Also

Ekiti State, public service efficiency and sustainable development – Part 2

Public service efficiency as a theme for this anniversary, is a smart choice because it …

Leave a Reply

Your email address will not be published. Required fields are marked *