A member of the Central Bank of Nigeria’s Monetary Policy Committee, Murtala Sagagi, says excessive government spending is a major challenge to effective monetary policy in Nigeria. According to ...

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation ... the MPC voted by a majority of 7–2 to reduce Bank Rate by 0.25 percentage points, to 4.5%. Two members preferred ...

Given the fog beyond our borders, prudence and the evolving situation made a compelling case for RBI’s Monetary ... the six-member committee voted unanimously to reduce the policy rate by ...

(Image/PTI) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC ... Sanjay Malhotra on Friday announced that the MPC members, after a three-days of deliberations, decided ...

According to the MPC statement, the Monetary ... all members unanimously agreed to lower the policy repo rate by 25 basis points to 6.25 per cent. Additionally, the committee acknowledged that ...

At its meeting ending on 6 February 2025, the monetary policy committee (MPC) voted by a majority of seven to two to reduce the bank rate by 0.25 percentage points, to 4.5 per cent. Two members ...

The central bank cut its benchmark interest rate by 25 basis points to 4.5%, with a majority of seven members out of the nine-strong monetary policy committee voting in favor. Two of the MPC's ...