CBN may have to tighten again<\/strong><\/p>\nNigeria’s inflation continues to rise despite the CBN’s effort to increase interest rates and impose money supply constraints. This implies that inflation is driven by output constraints rather than money supply saturation. Hence, October\u2019s data sets the stage for a pivotal policy response. More likely than not, CBN is expected to increase interest rates again.<\/p>\n
In the link below, the FDC Think-Tank analyzes the inflation data for October and likely impact on policy and markets.<\/p>\n
Enjoy your read![\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"
[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear Subscriber, Headline inflation surged by 1.18% to 33.88% in October from 32.70%, marking the highest level since July 2024….<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,35],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/122204"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=122204"}],"version-history":[{"count":2,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/122204\/revisions"}],"predecessor-version":[{"id":122206,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/122204\/revisions\/122206"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=122204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=122204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=122204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}