March 26, 2024/Cordros Report In line with our expectations, the Monetary Policy Committee (MPC) again voted to raise the Monetary Policy Rate (MPR) by 200bps to 24.75% in March. We highlight that the committee’s decision to hike the MPR further was hinged on (1) the existing inflationary pressures, (2) the […]
OPINION/EDITORIAL
Bullish Sentiment Brings $90 Oil Within Reach
March 26, 2024/Oilprice.com Tom Kool Editor, Oilprice.com In what feels like an increasingly bullish oil market, $90 Brent is now a real possibility. While demand uncertainty persists, geopolitical risk, a weakening U.S. dollar, and OPEC+ supply cuts have moved prices higher. – Long positions held by hedge funds and other […]
Digital Money, Carefully Managed, Can Aid Pacific Island Growth and Equality
(Credit: BrianScantlebury/iStock by Getty Images) March 25, 2024/IMFBlog By Anca Paduraru, Yong Sarah Zhou Pacific island countries are eager to leverage the opportunities of the digital money revolution by developing payment systems, expanding financial inclusion, and mitigating the loss of correspondent banking relationships. These countries, some of the world’s most remote […]
