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Coronation Fixed Income and Exchange Rate Update

November 18, 2024/Coronation Research Summary Market liquidity closed positive at N396.7bn on Friday (15 Nov ‘24). Call, overnight, and repo rates closed within the range of 6.9% – 26.9% as rates in the market moderated. In the secondary market, average T-bill’s yield rose by +19bps to close at 24.2% p.a. […]

New European Wealth Gauge Helps Policymakers Address Inequality

(Credit: IMF Photo/Oliver Bunic) November 18, 2024/IMFBlog By Henning Ahnert, Francien Berry, Darja Milic, and Jorrit Zwijnenburg Economists monitor income disparities because they can harden into more structural wealth inequalities that concern policymakers. Wider wealth gaps may also impact monetary policy transmission and financial stability. Accordingly, the European System of Central Banks […]