September 28, 2022/FBNQuest Yesterday, the CBN’s monetary policy committee (MPC) announced it had raised the policy rate by 150bps to 15.5%. The increase raises this year’s total rate hikes to 400bps, making it the third straight increase. Although the decision to tighten was unanimous, members were split on the magnitude; […]
OPINION/EDITORIAL
The New Landscape for Banking Competition
September 28, 2022/US Federal Reserve Governor Michelle W. Bowman Watch Live Good morning and thank you, Jim, it’s great to be back here in St. Louis for this year’s research conference. While the Federal Reserve learned a lot about how to operate virtually during these past two-and-a-half years of the […]
Emerging Markets and Advanced Economies Differ on Tackling Energy Prices
September 28, 2022/EBRD By Svitlana Pyrkalo Image Credit: EBRD Watch the Launch of the EBRD’s September 2022 Regional Economic Prospects As prices rise, policy measures differ in the EBRD regions Advanced economies go for windfall taxes on energy companies Emerging markets favour price controls on energy and basic foods As rising […]

