Status Quo Maintained – CBN

Dear Subscriber,

Citing the level of elevated risks to monetary stability, the MPC maintained status quo again, for the 29th month and the 14th meeting. The committee was faced with essentially a binary choice of further tightening or a current squeeze. The threats of anticipated inflation far outweighed the prospects of higher growth at this time in their judgment

These issues were discussed on the Channels news at ten Programme by Bismarck Rewane last night. Kindly find attached the slides which analyses the implications and outlook for price stability in the near term

Do enjoy your read…