Posted on April 10, 2016 by iMFdirect By Jose Viñals, Simon Gray, and Kelly Eckhold We support the introduction of negative policy rates by some central banks given the significant risks we see to the outlook for growth and inflation. Such bold policy action is unprecedented, and its effects over time will […]
Tag: Interest Rate
CBN Retains 11% Interest, FOREX Rate Unchanged
Click here to download CBN Communiqué No. 105 of the MPC Meeting of Monday and Tuesday, January 2 5 and 26, 2016 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) at the end of Tuesday’s Monetary Policy Committee (MPC) meeting retained Nigeria’s benchmark interest rate at 11 […]
Bank of Ghana keeps benchmark interest rate at 26 pct
January 25, 2016/Reuters Ghana’s central bank kept its benchmark policy rate at 26 percent on Monday citing moderation in the pace of consumer inflation, its governor Henry Kofi Wampah said. The West African nation is under a three-year aid program with the International Monetary Fund (IMF) to support an […]
