Tag: Inflation
Rising Food Prices in Nigeria Prompt Calls for Policy Adjustment
The average price of imported food commodities to Nigeria has climbed to a record high, increasing by 34 percent over the course of a year.[more...]
Why Interest Rates May Not Fall for Another Year: Implications for Australia’s Economy and Federal Budget
The Reserve Bank of Australia (RBA) has made a significant shift in its assumptions about interest rate cuts, impacting its expectations for Australia's economy. Previously,[more...]
IMF Warns of Nigeria’s Growing Budget Deficit: Calls for Urgent Policy Reforms
The International Monetary Fund (IMF) has raised concerns about Nigeria's economic outlook, warning of a deepening budget deficit and high inflation. According to the IMF's[more...]
The Reserve Bank’s Interest Rate Dilemma: A Balancing Act
Amidst economic uncertainty and a precarious financial landscape, the Reserve Bank of Australia (RBA) finds itself at a crossroads, grappling with the delicate balance between[more...]
Nigeria’s Central Bank Sparks Outrage with Cybersecurity Levy
The recent directive issued by the Central Bank of Nigeria (CBN) to introduce a cybersecurity levy has generated significant discontent among the populace as the[more...]
Federal Reserve Keeps Interest Rates Unchanged, Citing Inflation Concerns
The Federal Reserve has once again opted to maintain the current interest rates, as the bank expressed concerns over the persistent inflation in the economy.[more...]
The Reserve Bank’s Interest Rate Increases Fuelling Cost-of-Living Pressures on Working Australians
The Reserve Bank of Australia's efforts to control inflation through its interest rate increases have inadvertently led to higher cost-of-living pressures on Australian workers. According[more...]
Nigerian Labour Unions Express Concerns Over Rising Inflation and Fuel Scarcity
Nigerian labour unions have raised concerns about the country's economic challenges, particularly the impact on workers' survival. The President of the Trade Union Congress, Festus[more...]
Stock Market Prepares for Deluge of Data and Fed Meeting: What to Watch
The stock market is set for a significant week as investors brace themselves for a slew of economic data releases and corporate earnings reports. In[more...]
Economists Warn of Potential Interest Rate Hike as Inflation Surges
Amidst the release of disconcerting inflation figures, economists have issued warnings to borrowers, cautioning them to brace for a potential increase in interest rates in[more...]
