July 27, 2023/US Federal Reserve Recent indicators suggest that economic activity has been expanding at a moderate 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 and […]
Money Market
Banks have 18 months to impact South Africa’s greylisting
Here’s how they can help get the country off the grey list July 27, 2023/iiDENTIFii In January 2025, the global anti-money laundering watchdog, the Financial Action Task Force (FATF), will review its decision to greylist South Africa and interrogate the public and private sector measures to address its concerns. The […]
CBN Communiqué No. 149 of the MPC Meeting Held July 24-25, 2023
July 26, 2023/CBN The Monetary Policy Committee (MPC) met on the 24th and 25th of July 2023, against the backdrop of continued uncertainties in the global and domestic economies. This included geo-political tensions, threats to globalization and the multilateral economic system. On the domestic front, output growth continued at a […]
