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Whistle Blowers Nigeria

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CBN fears rate cut will heighten monetary, fiscal challenges

By
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On 29th June 2018
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At 3:18 am
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In Business
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The Central Bank of Nigeria (CBN) has ruled out an interest rate cut in near term, expressing fears that loosening its monetary policy stance at this time could exacerbate fiscal challenges in the economy and worsen inflationary pressure which it is trying to contain. Moses Tule, CBN Director of Monetary Policy at the Central Bank…

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The post CBN fears rate cut will heighten monetary, fiscal challenges appeared first on BusinessDay : News you can trust.

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