#interestrate

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    CBN’s BOLD MOVE: CARDOSO DEFENDS 27.75% INTEREST RATE HIKE TO TACKLE INFLATION

    CBN’s BOLD MOVE: CARDOSO DEFENDS 27.75% INTEREST RATE HIKE TO TACKLE INFLATION Detailed Breakdown: The Central Bank of Nigeria (CBN) recently raised the Monetary Policy Rate (MPR) to 27.75%, a move Governor Yemi Cardoso described as necessary but "painful" for borrowers. While addressing the...
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    Interest Rates Are About To Do Something They Haven't Done Since March 2020,

    SUMMARY: The U.S. Federal Reserve may be on the verge of cutting interest rates for the first time since March 2020, a potential turning point that could have significant implications for the stock market. Over the past two years, the Fed implemented one of the most aggressive rate-hiking...
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    What To Expect In The Markets This Week

    Federal Reserve Rate Decision: The Federal Reserve will announce its latest rate decision on Wednesday, with no changes expected to the current 5.25%-5.5% range. Big Tech Earnings: Apple, Meta, Amazon, and Microsoft are set to report earnings this week. Additional Earnings Reports: Updates are...
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