Nigeria central bank split over rate path as inflation pressures mount

Bloomberg · 2 hours ago
  • Nigeria's central bank faces a split among economists over whether to hold rates or resume easing.
  • Surging energy prices are adding fresh inflationary pressures to the policy decision.
  • Nigeria has one of the world's highest real interest rates, limiting room for further tightening.

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One of the world’s highest real interest rates and fresh inflationary pressures from surging energy prices have economists split over whether Nigeria will keep borrowing costs on hold again or resume easing.Bloomberg

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