As experts anticipate a shift towards tighter monetary policies to combat inflation and stabilize the naira, all eyes are on the ongoing Monetary Policy Committee meeting under the leadership of Dr. Yemi Cardoso.
With expectations running high for potential adjustments to the benchmark interest rate, known as the Monetary Policy Rate (MPR), speculations abound regarding the extent of tightening necessary to address prevailing economic challenges.
Specifically, against the backdrop of rising inflation and currency depreciation, the decision-makers at the MPC are tasked with charting a course that balances price stability with sustainable growth.
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