OPINION/EDITORIAL

Agricultural Sector Growth Declines in 2023

May 24, 2024/CSL Research Nigeria’s agricultural sector grew by 1.13% in 2023 in real terms compared to the 1.88% growth recorded in 2022, indicating a decline of 40%. The data also revealed the sector’s contribution to GDP shrunk in 2023 to 25.18%, lower than its 25.58% contribution in 2022. The […]

Oil Prices Remain Under Pressure Despite Rising Gasoline Demand

May 24, 2024/Oilprice.com A combination of crude inventory builds and high interest rates continued to weigh on oil prices this week, with Brent and WTI both trading near three-month lows. Friday, May 24th 2024 Oil prices have been declining for four consecutive days, driven lower by the Federal Reserve’s reluctance to […]

Some Thoughts on r*: Why Did It Fall and Will It Rise?

May 24, 2024/US Federal Reserve By Governor Christopher J. Waller Thank you for the invitation to be here and speak to you today.1 I want to step away from shorter-term questions about the economic outlook and monetary policy to delve into a subject of longer-term significance—r*. While there are many […]