September 26, 2025/US Federal Reserve By Vice Chair for Supervision Michelle W. Bowman Good afternoon. Thank you for the invitation to speak to you. I am delighted to have the opportunity to address this distinguished group of macroeconomic forecasters. Today I will discuss how I approach monetary policy decisionmaking, and […]
OPINION/EDITORIAL
Fiscal Rules Foster Stability as Spending Pressures Grow
(Credit: SolStockiStock by Getty Images) September 25, 2025/IMFBlog By Era Dabla-Norris, Raphael Lam, Francisco Roch Countries have increasingly adopted fiscal rules and frameworks that aim to give clarity and predictability to government spending. But these rules have not been as effective in keeping deficits and debt within their intended limits. […]
MPC Lowers Benchmark Policy Rate by 50bps to 27.0%
September 24, 2025/CSL Research In line with our expectations, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) decided to ease the Monetary Policy Rate (MPR) by 50 basis points (bps) to 27.0%. MPC prioritises liquidity management and credit expansion with measures including a narrower asymmetric corridor, […]

