W’Bank doubts CBN’s ability to curb inflation employing rate hikes

W’Bank doubts CBN’s ability to curb inflation employing rate hikes

The World Bank has expressed concerns that the Central Bank of Nigeria’s monetary policy tightening may not effectively control inflation. In its Global Economic Prospects report released on Wednesday, the institution noted that one of the significant risks to Nigeria’s economic growth is the failure of these tightening policies to rein in inflation. “Risks to

 
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Source: W’Bank doubts CBN’s ability to curb inflation employing rate hikes

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