(Credit: cmophoto/Unsplash) Higher interest rates soon would prevent more economic pain later July 24, 2023/IMFBlog By Alfred Kammer and Luis Brandão-Marques The European Central Bank could prevent inflation expectations from becoming unmoored and drifting upwards by continuing to raise its policy rate, as discussed in our recent report on the euro area. […]
OPINION/EDITORIAL
Nation’s reserves shrink on low oil production, moderated oil prices and capital flight
July 24, 2023/CSL Research Based on figures obtained from the Central Bank of Nigeria’s (CBN) data on movement of external reserves, the country’s external reserves fell by US$2.96bn in H1 2023. The figures show that external reserves fell to US$34.12bn as of 30 June 2023 from US$37.1bn as of 30 […]
Bullish Sentiment Is Slowly Building In Oil Markets
July 21, 2023/Oilprice.com Michael Kern, Oilprice.com Oil prices are on track for a slight weekly gain as traders grow cautiously bullish despite a strengthening U.S. dollar and speculation on another rate hike from the Fed. Friday, July 21st, 2023 This week has seen the first replenishment of US SPR stocks […]
