CBN’s rate cut marks new economic balancing act

CBN’s rate cut marks new economic balancing act


The Central Bank of Nigeria’s Monetary Policy Committee has delivered a carefully calibrated policy package that marks the beginning of a new chapter in Nigeria’s monetary management. The unanimous decision to reduce the Monetary Policy Rate by 50 basis points to 27.00%—the first cut under Governor Yemi Cardoso’s tenure—signals a strategic pivot from pure inflation-fighting orthodoxy toward a more nuanced pursuit of macroeconomic stability. This measured easing, while modest in absolute terms, represents a tectonic shift in policy signaling. Co

The Central Bank of Nigeria’s Monetary Policy Committee has delivered a carefully calibrated policy package that marks the beginning of a new chapter in Nigeria’s monetary management. The unanimous decision to reduce the Monetary Policy Rate by 50 basis points to 27.00%—the first cut under Governor Yemi Cardoso’s tenure—signals a strategic pivot from pure inflation-fighting orthodoxy toward a more nuanced pursuit of macroeconomic stability. This measured easing, while modest in absolute terms, represents a tectonic shift in policy signaling. Co



Source: Businessday

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