https://punchng.com/cbn-postpones-mpc-m ... again/?ampThe Central Bank of Nigeria has again postponed the meeting of its monetary policy committee despite the surge in inflation.
This is according to a report by Bloomberg on Monday, which quoted the CBN’s Director of Corporate Communications, Dr Isa Abdulmumin, who said, “MPC is not holding” a meeting this week in a text message response.
The meeting, which was scheduled to be held on Monday and Tuesday, has been postponed for a second time since Olayemi Cardoso became governor in September.
This latest postponement will keep investors and analysts waiting a bit longer for Cardoso’s approach to surging inflation, which hit 27.33 per cent in October 2023.
[Punch] CBN Postpones MPC Meeting Again
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As reported by Punch news Nigeria, the apex bank CBN has postponed MPC meeting again.
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What could be the reason for this?
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°
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Lets look at it this way: what's the difference between when it doesn't hold and when it holds but all indices are left as is? Is the first not better?Righteous1 wrote: ↑November 22nd, 2023, 5:22 pm They did this for reasons best known to them, possibly selfish reasons.
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°
