Post by Proshare (@Proshare)
Ahead of the CBN's 305th MPC meeting, the consensus among analysts is a unanimous hold on the MPR at 26.50%. Following February's 50 bps cut, the first in the current cycle, renewed inflationary pressures (headline inflation at 15.68%), Middle East-driven energy cost pass-through, exchange rate sensitivity, and anticipated pre-election liquidity surpluses have decisively shifted the policy calculus toward caution.
https://proshare.co/articles/pre-mpc-commentary-market-expectations-ahead-of-the-305th-cbn-monetary-policy-committee-meeting?menu=Economy&classification=Read&category=Monetary
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