Tag: benchmark interest rate
Central Bank of Nigeria Raises Benchmark Interest Rate to 26.25% in Response to Food Inflation
The Central Bank of Nigeria (CBN) has taken a decisive step to address the challenges of food inflation by increasing the benchmark interest rate to[more...]
Federal Reserve Holds Interest Rates Steady at 22-Year High Amid Inflation Concerns
In a move that has been closely watched by economists and financial markets, the Federal Reserve announced its decision to keep interest rates unchanged at[more...]