World News

Financial Stability and Economic Developments

June 29, 2023/US Federal Reserve Chair Jerome H. Powell Watch Live Today I will briefly discuss the current economic situation and the stresses that emerged in the U.S. banking system earlier this year. I will then turn to the evolution of the financial system since the Great Recession and conclude […]

Nigeria Can Seize the Opportunity to Realize Its Growth Potential

Image Credit: World Bank Group Click here to read full PDF copy of report Click here to read full PDF copy of presentation June 27, 2023/World Bank Group The new administration has initiated critical reforms to address macroeconomic imbalances. This window of opportunity could have a transformative impact on the […]

US Fed Releases FOMC Statement and Implementation Note From Its June 2023 Meeting

June 16, 2023/US Federal Reserve Recent indicators suggest that economic activity has continued to expand at a modest pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households […]