Monetary Policy Committee

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13h
Business Standard India
GDP growth likely at 7.4% in FY17: HSBCfour legislations we highlighted at the start of the year, the unique identity
GDP growth likely at 7.4% in FY17: HSBC
Business Standard India / Posted 13 hours ago
four legislations we highlighted at the start of the year, the unique identity Aadhar bill, the Bankruptcy code, and the Monetary Policy Committee have passed through Parliament. These are likely to support medium term growth," HSBC said. It... Read more
13h
AllAfrica.com
Focus Shifts to Bonds After CBK Rate SlashCentral Bank of Kenya (CBK) cut its rate for the first time in almost a year, d
Focus Shifts to Bonds After CBK Rate Slash
AllAfrica.com / Posted 13 hours ago
Central Bank of Kenya (CBK) cut its rate for the first time in almost a year, driving up the value of the State paper. The Monetary Policy Committee lowered the Central Bank Rate (CBR) by one per cent to 10.5 per cent on account of declining... Read more
15h
iol.co.za
Nigeria’s economy ‘on its knees’its shares drop 29 percent since Buhari became president, called the currency p
Nigeria’s economy ‘on its knees’
iol.co.za / Posted 15 hours ago
its shares drop 29 percent since Buhari became president, called the currency policy “ very insane”. The central bank’s Monetary Policy Committee voted on May 24 to allow “greater flexibility” in the foreign-exchange market, which investors... Read more
14 related stories
15h
AllAfrica.com
Democracy Day Special - Forex Crisis, Dwindling Investments Defined Banking SectorIndeed even if GDP growth is positive but lower than our population growth it i
Democracy Day Special - Forex Crisis, Dwindling Investments Defined Banking Sector
AllAfrica.com / Posted 15 hours ago
Indeed even if GDP growth is positive but lower than our population growth it implies accentuation of poverty. The Monetary policy committee will be truly challenged in their bi-monthly meeting with this latest official data on GDP as well... Read more
16h
AllAfrica.com
Relief for the MarketsThe announcement of plan by the Monetary Policy Committee (MPC) to adopt a flex
Relief for the Markets
AllAfrica.com / Posted 16 hours ago
The announcement of plan by the Monetary Policy Committee (MPC) to adopt a flexible exchange rate policy last week brought relief to the markets. Following the announcement at the end of the 250th MPC meeting, financial markets were eager to... Read more
19h
The Financial Express
Indian Express Column: A Rajan a daycapable of saying the right thing. We are also at three other critical conjunc
Indian Express Column: A Rajan a day
The Financial Express / Posted 19 hours ago
capable of saying the right thing. We are also at three other critical conjunctures. With the creation of a monetary policy committee, the institutional functioning of the RBI will change. An institutional innovation like this will... Read more
1d
AllAfrica.com
Mixed Reactions Trail CBN's Disclosure of Nigerian Economy's Imminent Recession(CBN), Godwin Emefiele, that the Nigerian economy was on the brink of a recessi
Mixed Reactions Trail CBN's Disclosure of Nigerian Economy's Imminent Recession
AllAfrica.com / Posted yesterday
(CBN), Godwin Emefiele, that the Nigerian economy was on the brink of a recession. Mr. Emefiele said at the end of the monetary policy committee meeting in Abuja that despite the warning in July 2015 about an imminent recession, efforts by the... Read more
1d
AllAfrica.com
Investors Gain As Govt Plans Sales of Eurobond, to Issue Sukukthat exchanged hands last week in 23,680 deals. The positive activities stated
Investors Gain As Govt Plans Sales of Eurobond, to Issue Sukuk
AllAfrica.com / Posted yesterday
that exchanged hands last week in 23,680 deals. The positive activities stated out in anticipation of the Central Bank's Monetary Policy Committee (MPC) meeting which relaxed the forex policy of the government amidst growing concern of falling... Read more
1d
AllAfrica.com
Buhari Begins Second Year With Economic Recessionof Nigeria, CBN, and some reputable financial institutions and economic researc
Buhari Begins Second Year With Economic Recession
AllAfrica.com / Posted yesterday
of Nigeria, CBN, and some reputable financial institutions and economic research companies. On the heels of its landmark Monetary Policy Committee, MPC, decisions last week, the apex bank's committee members' submissions on individual basis point... Read more
2d
AllAfrica.com
Avoiding the Pitfalls of Economic RecessionAmid the fear of imminent recession, the monetary policy committee of the Centr
Avoiding the Pitfalls of Economic Recession
AllAfrica.com / Posted 2 days ago
Amid the fear of imminent recession, the monetary policy committee of the Central Bank of Nigeria has moved to buoy the economy, necessitating the adoption of flexible foreign exchange regime and leaving the rates unchanged. Kunle Aderinokun, Olaseni... Read more
4d
dna
Govt has set the stage, corporates may soon steal the showhas undertaken are a new insurance law with enhanced foreign-investment limits,
Govt has set the stage, corporates may soon steal the show
dna / Posted 4 days ago
has undertaken are a new insurance law with enhanced foreign-investment limits, inflation targeting with an independent monetary policy committee for the Reserve Bank, a bankruptcy code, a regulatory framework for real estate, opening up nearly... Read more
4d
Belfast Telegraph
GDP growth falls to 0.4% as global chill hampers UKamong businesses and consumers could persist, following a likely very weak seco
GDP growth falls to 0.4% as global chill hampers UK
Belfast Telegraph / Posted 4 days ago
among businesses and consumers could persist, following a likely very weak second quarter. "If this is the case, some Monetary Policy Committee (MPC) members could become increasingly tempted to trim interest rates." Bank of England MPC... Read more
10 related stories
4d
AllAfrica.com
Treasury's Heavy Domestic Borrowing to Keep Rates Highand the two-month weighted moving average of the 91-day Treasury bill (T-Bill)
Treasury's Heavy Domestic Borrowing to Keep Rates High
AllAfrica.com / Posted 4 days ago
and the two-month weighted moving average of the 91-day Treasury bill (T-Bill) rate. The banking regulator, through the Monetary Policy Committee (MPC), is expected to review the KBRR every six months, but retained the rate at 9.87 per cent in... Read more
5d
AllAfrica.com
Forex - CBN Throws Naira Into Open Market, Nullifies N197/$ Exchange Ratepolicy in favour of a flexible and multiple market model, which implied a float
Forex - CBN Throws Naira Into Open Market, Nullifies N197/$ Exchange Rate
AllAfrica.com / Posted 5 days ago
policy in favour of a flexible and multiple market model, which implied a floating exchange rate regime. The apex bank's Monetary Policy Committee, MPC, which made this decision, chose to retain its Monetary Policy Rate, MPR, at 12 per cent, Cash... Read more
9 related stories
5d
dna
Swamy vs Rajan: I do not approve of personal comments against Rajan, says Arun Jaitleyare in continuous dialogue and that relationship will continue. "And I hope fr
Swamy vs Rajan: I do not approve of personal comments against Rajan, says Arun Jaitley
dna / Posted 5 days ago
are in continuous dialogue and that relationship will continue. "And I hope from the later part of this year, the Monetary Policy Committee will get into action and therefore, both the bank and the government nominees will have to sit... Read more
48 related stories
5d
The Economic Times
FM Arun Jaitley says he disapproves personal attacks on RBI Governor Raghuram Rajanare in continuous dialogue and that relationship will continue. "And I hope fr
FM Arun Jaitley says he disapproves personal attacks on RBI Governor Raghuram Rajan
The Economic Times / Posted 5 days ago
are in continuous dialogue and that relationship will continue. "And I hope from the later part of this year, the Monetary Policy Committee will get into action and therefore, both the bank and the government nominees will have to sit... Read more
48 related stories
5d
The Financial Express
Arun Jaitley says he disapproves personal attack on Raghuram Rajanare in continuous dialogue and that relationship will continue. “And I hope fr
Arun Jaitley says he disapproves personal attack on Raghuram Rajan
The Financial Express / Posted 5 days ago
are in continuous dialogue and that relationship will continue. “And I hope from the later part of this year, the Monetary Policy Committee will get into action and therefore, both the bank and the government nominees will have to sit... Read more
48 related stories
5d
AllAfrica.com
Stocks Rise, Naira Falls to N350/$ As Investors Await Flexible Forex Policypronouncement as it fell to N350 to a dollar yesterday, weaker than the N346 to
Stocks Rise, Naira Falls to N350/$ As Investors Await Flexible Forex Policy
AllAfrica.com / Posted 5 days ago
pronouncement as it fell to N350 to a dollar yesterday, weaker than the N346 to a dollar it closed the previous day. The Monetary Policy Committee (MPC) of the CBN announced on Tuesday that it voted unanimously to adopt a flexible exchange rate... Read more
9 related stories
5d
asianage
Don't approve of personal comments on Raghuram Rajan, says Arun Jaitleyare in continuous dialogue and that relationship will continue. "And I hope fro
Don't approve of personal comments on Raghuram Rajan, says Arun Jaitley
asianage / Posted 5 days ago
are in continuous dialogue and that relationship will continue. "And I hope from the later part of this year, the Monetary Policy Committee will get into action and therefore, both the bank and the government nominees will have to sit... Read more
48 related stories
5d
Hindustantimes.com
Don’t approve of personal remarks on Rajan: Jaitley after Swamy salvoare in continuous dialogue and that relationship will continue. “And I hope fro
Don’t approve of personal remarks on Rajan: Jaitley after Swamy salvo
Hindustantimes.com / Posted 5 days ago
are in continuous dialogue and that relationship will continue. “And I hope from the later part of this year, the Monetary Policy Committee will get into action and therefore, both the bank and the government nominees will have to sit... Read more
48 related stories
5d
The Economic Times
FM Arun Jaitley says he disapproves personal attack on RBI Governor Raghuram Rajanare in continuous dialogue and that relationship will continue. "And I hope fr
FM Arun Jaitley says he disapproves personal attack on RBI Governor Raghuram Rajan
The Economic Times / Posted 5 days ago
are in continuous dialogue and that relationship will continue. "And I hope from the later part of this year, the Monetary Policy Committee will get into action and therefore, both the bank and the government nominees will have to sit... Read more
48 related stories
5d
AllAfrica.com
MPC Fallout - Stocks Gain N358 Billionexperts and stock brokers held that the experience of yesterday could be traced
MPC Fallout - Stocks Gain N358 Billion
AllAfrica.com / Posted 5 days ago
experts and stock brokers held that the experience of yesterday could be traced to the announcement made on Tuesday by the Monetary Policy Committee (MPC) that the country has decided to adopt a flexible exchange rate policy. According to the... Read more
5d
AllAfrica.com
Economic Recession - Senate Summons CBN Gov, Finance Ministertone for a full blown economic recession by the end of June 2016 as already con
Economic Recession - Senate Summons CBN Gov, Finance Minister
AllAfrica.com / Posted 5 days ago
tone for a full blown economic recession by the end of June 2016 as already confirmed by the Central Bank of Nigeria in her Monetary Policy Committee, MPC, meeting of yesterday(Tuesday)" A rowdy session was, however, averted by Senate President,... Read more
5d
Belfast Telegraph
First-quarter GDP growth confirmed at 0.4%EU, as there is the danger that caution among businesses and consumers could pe
First-quarter GDP growth confirmed at 0.4%
Belfast Telegraph / Posted 5 days ago
EU, as there is the danger that caution among businesses and consumers could persist following a likely very weak second quarter. "If this is the case, some Monetary Policy Committee members could become increasingly tempted to trim interest rat... Read more
10 related stories
5d
AllAfrica.com
Flexible Exchange Rate Will Halt Currency Speculation, Hoardingsector to thrive in order to increase the nation's capacity to earn in dollars.
Flexible Exchange Rate Will Halt Currency Speculation, Hoarding
AllAfrica.com / Posted 5 days ago
sector to thrive in order to increase the nation's capacity to earn in dollars. NAN reports that CBN at the end of its Monetary Policy Committee (MPC) meeting on Tuesday, resolved among others to adopt a flexible exchange rate for the... Read more
9 related stories
5d
Hindustantimes.com
NDA govt’s 2 years: Dynamic reforms pave way for greater investment flowsa much-needed regulator. India has also moved a step closer to a “monetary poli
NDA govt’s 2 years: Dynamic reforms pave way for greater investment flows
Hindustantimes.com / Posted 5 days ago
a much-needed regulator. India has also moved a step closer to a “monetary policy framework” that will empower a six-member monetary policy committee chaired by the RBI governor to take decisions on interest rates. “We are moving in the right... Read more
6d
AllAfrica.com
Forex - CBN Throws Naira Into Open Market, Nullifies N197/$ Exchange Ratepolicy in favour of a flexible and multiple market model, which implied a float
Forex - CBN Throws Naira Into Open Market, Nullifies N197/$ Exchange Rate
AllAfrica.com / Posted 6 days ago
policy in favour of a flexible and multiple market model, which implied a floating exchange rate regime. The apex bank's Monetary Policy Committee, MPC, which made this decision, chose to retain its Monetary Policy Rate, MPR, at 12 per cent, Cash... Read more
9 related stories
6d
AllAfrica.com
FX Crisis - CBN Plans Flexible Exchange RateBy Chris Agabi And Mohammed Shosanya Lagos — Rising from its 250th Monetary Po
FX Crisis - CBN Plans Flexible Exchange Rate
AllAfrica.com / Posted 6 days ago
By Chris Agabi And Mohammed Shosanya Lagos — Rising from its 250th Monetary Policy Committee (MPC) meeting yesterday in Abuja, the Central Bank of Nigeria (CBN) announced its plan to liberalise the foreign exchange market and exchange rate regime,... Read more
9 related stories
6d
AllAfrica.com
At Last, Central Bank to Introduce Flexible Exchange Rate Regimeat +200 and -500 basis points around the MPR. Addressing journalists in Abuja
At Last, Central Bank to Introduce Flexible Exchange Rate Regime
AllAfrica.com / Posted 6 days ago
at +200 and -500 basis points around the MPR. Addressing journalists in Abuja at the end of the two-day meeting of the Monetary Policy Committee (MPC), the CBN Governor, Mr. Godwin Emefiele, said the central bank resolved to introduce greater... Read more
9 related stories
6d
AllAfrica.com
Stock Market Rebounds On MPC's Decision to Tackle Exchange Rate Issuestock market rebounded yesterday rising by 0.80 per cent in reaction to the dec
Stock Market Rebounds On MPC's Decision to Tackle Exchange Rate Issue
AllAfrica.com / Posted 6 days ago
stock market rebounded yesterday rising by 0.80 per cent in reaction to the decision of the Central Bank of Nigeria (CBN)'s Monetary Policy Committee (MPC) to address the lingering concern around the exchange rate among others issues. The market... Read more
6d
IAfrica South African Business News
Nigeria agrees to flexible forex policyexperts to make a U-turn in policy to avoid a "full-blown fiscal, financial and
Nigeria agrees to flexible forex policy
IAfrica South African Business News / Posted 6 days ago
experts to make a U-turn in policy to avoid a "full-blown fiscal, financial and economic meltdown". But he said the CBN's Monetary Policy Committee (MPC), which met Monday and Tuesday, decided on the "the least risky option" and agreed to adopt "a... Read more
6d
AllAfrica.com
Oil Marketers Will Still Make Profit At N320/$ Exchange Rate - CBNimportation from the parallel market. Emefiele while fielding questions from j
Oil Marketers Will Still Make Profit At N320/$ Exchange Rate - CBN
AllAfrica.com / Posted 6 days ago
importation from the parallel market. Emefiele while fielding questions from journalists following the conclusion of the Monetary Policy Committee Meeting in Abuja yesterday, noted that the foreign exchange reserves of the CBN can no longer... Read more
6d
AllAfrica.com
CBN Agrees to Flexible Forex Policyexperts to make a U-turn in policy to avoid a "full-blown fiscal, financial and
CBN Agrees to Flexible Forex Policy
AllAfrica.com / Posted 6 days ago
experts to make a U-turn in policy to avoid a "full-blown fiscal, financial and economic meltdown". But he said the CBN's Monetary Policy Committee (MPC), which met Monday and Tuesday, decided on the "the least risky option" and agreed to adopt "a... Read more
6d
AllAfrica.com
New Forex Policy Out Soon, Says CBNCentral Bank of Nigeria (CBN) said yesterday. CBN governor, Godwin Emefiele, w
New Forex Policy Out Soon, Says CBN
AllAfrica.com / Posted 6 days ago
Central Bank of Nigeria (CBN) said yesterday. CBN governor, Godwin Emefiele, while briefing journalists after the two-day Monetary Policy Committee (MPC) meeting, said the apex bank would release a new guideline on the management of foreign... Read more
9 related stories
6d
AllAfrica.com
Nigeria Adopts New Forex Policy As Economy Faces "Imminent Recession"in the management of the foreign exchange market. The CBN governor, who made t
Nigeria Adopts New Forex Policy As Economy Faces "Imminent Recession"
AllAfrica.com / Posted 6 days ago
in the management of the foreign exchange market. The CBN governor, who made the announcement at the end of the Monetary Policy Committee meeting in Abuja, said details of the new policy would be released in the coming days. He said the... Read more
9 related stories
6d
express
Bank of England could wade into European Union debate AGAIN, admits Governor Mark CarneyUnion debate again. Bank of England boss Mark Carney is set to anger Brexit ca
Bank of England could wade into European Union debate AGAIN, admits Governor Mark Carney
express / Posted 6 days ago
Union debate again. Bank of England boss Mark Carney is set to anger Brexit campaigners Earlier this month the Bank's Monetary Policy Committee (MPC) claimed Brexit could tip the country into recession. And Governor Mark Carney yesterday... Read more
8 related stories
7d
Market Watch
Turkey's central bank cuts interest rate againturmoil at home and a selloff in emerging markets threaten to pressure the lira
Turkey's central bank cuts interest rate again
Market Watch / Posted 7 days ago
turmoil at home and a selloff in emerging markets threaten to pressure the lira, risking efforts slow inflation. The Monetary Policy Committee in Ankara said it cut the overnight lending rate to 9.5% from 10%, while keeping its benchmark... Read more
7d
Money Marketing Online
Carney denies BoE is ‘politically involved’ in Brexit debatebegun to weigh on activity”. However, Carney says he does not expect to includ
Carney denies BoE is ‘politically involved’ in Brexit debate
Money Marketing Online / Posted 7 days ago
begun to weigh on activity”. However, Carney says he does not expect to include any further warnings on Brexit in the next Monetary Policy Committee meeting on 16 June. He says: “We, in my judgement, have highlighted the key economic issues,... Read more
8 related stories
7d
thebee
Carney Accused Of Brexit Debate Propagandahigher inflation and rising unemployment if voters choose an exit. Mr Carney t
Carney Accused Of Brexit Debate Propaganda
thebee / Posted 7 days ago
higher inflation and rising unemployment if voters choose an exit. Mr Carney told MPs that all nine members of the Bank's Monetary Policy Committee agreed on the likely scenario in the event of a Brexit and insisted that there was "no possibility... Read more
5 related stories
8d
FOX Business
Why Monsanto, XenoPort, and LendingClub Jumped Todaythe Nasdaq and S&P 500 in the 0.1% to 0.2% range. Discussion about the potentia
Why Monsanto, XenoPort, and LendingClub Jumped Today
FOX Business / Posted 8 days ago
the Nasdaq and S&P 500 in the 0.1% to 0.2% range. Discussion about the potential future moves from the Federal Reserve's monetary policy committee dominated the chatter among market participants Monday, but with three weeks to go before the June... Read more
230 related stories
8d
FOX Business
Why Monsanto, XenoPort, and LendingClub Jumped Todaythe Nasdaq and S&P 500 in the 0.1% to 0.2% range. Discussion about the potentia
Why Monsanto, XenoPort, and LendingClub Jumped Today
FOX Business / Posted 8 days ago
the Nasdaq and S&P 500 in the 0.1% to 0.2% range. Discussion about the potential future moves from the Federal Reserve's monetary policy committee dominated the chatter among market participants Monday, but with three weeks to go before the June... Read more
230 related stories
8d
AllAfrica.com
Oil Rebound Puts Inflationary Pressure on East African Economiesof 2016, before declining to a medium term target of five per cent in the first
Oil Rebound Puts Inflationary Pressure on East African Economies
AllAfrica.com / Posted 8 days ago
of 2016, before declining to a medium term target of five per cent in the first quarter of 2017. "Since the last time the Monetary Policy Committee met, the inflation outlook has improved slightly, mainly due to the exchange rate and food price... Read more
8d
AllAfrica.com
'Govt Will Reset Economy to Tackle Negative GDP Growth Rate'Festus Akanbi, confirmed that the federal government was set to review the grow
'Govt Will Reset Economy to Tackle Negative GDP Growth Rate'
AllAfrica.com / Posted 8 days ago
Festus Akanbi, confirmed that the federal government was set to review the growth data, but declined further comment. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is to meet today and tomorrow to deliberate on topical... Read more
4 related stories
8d
AllAfrica.com
Govt's Economic Policies Pushing Nigeria Into Recession, Analysts Warnspill-over effect of this is the primary driver for the rising rate of unemploy
Govt's Economic Policies Pushing Nigeria Into Recession, Analysts Warn
AllAfrica.com / Posted 8 days ago
spill-over effect of this is the primary driver for the rising rate of unemployment in the country. Thus, as the Monetary Policy Committee (MPC) of the CBN commences its meeting on Monday(today) it is imperative that the Committee takes a... Read more
4 related stories
8d
AllAfrica.com
No Change in Central Bank Interest Rates— The Bank of Mozambique has decided to maintain key interest rates over the ne
No Change in Central Bank Interest Rates
AllAfrica.com / Posted 8 days ago
— The Bank of Mozambique has decided to maintain key interest rates over the next month. A statement from the Bank's Monetary Policy Committee on Friday said that the Standing Lending Facility (the interest rate paid by the commercial banks... Read more
8d
AllAfrica.com
Inflation, Forex May Top MPC Meeting Todayat the parallel market and since oil import accounts in excess of 70 percent of
Inflation, Forex May Top MPC Meeting Today
AllAfrica.com / Posted 8 days ago
at the parallel market and since oil import accounts in excess of 70 percent of the forex demand curve. Thus, as the CBN monetary policy committee meets today and tomorrow, experts say the forex market and inflation would top discussions. The... Read more
9 related stories
8d
IAfrica South African Business News
Bank of England warns again on Brexitexit from the European Union, as it voted once more to freeze interest rates.
Bank of England warns again on Brexit
IAfrica South African Business News / Posted 8 days ago
exit from the European Union, as it voted once more to freeze interest rates. The British central bank's nine-member Monetary Policy Committee (MPC) decided unanimously to keep borrowing costs at a record-low 0.50 percent, it said in a... Read more
9d
Fortune
Bank of Israel to Keep Key Rate at 0.1% for 15th Straight MonthKarnit Flug said on Wednesday she expected the interest rate to remain low for
Bank of Israel to Keep Key Rate at 0.1% for 15th Straight Month
Fortune / Posted 9 days ago
Karnit Flug said on Wednesday she expected the interest rate to remain low for a considerable time. Flug also said the monetary policy committee would examine data from last week that showed Israel’s economy growing slower than expected in the... Read more
11d
AllAfrica.com
Repo Rate Remains Unchanged At 7 PercentPretoria — The Reserve Bank on Thursday kept South Africa's repo rate unchanged
Repo Rate Remains Unchanged At 7 Percent
AllAfrica.com / Posted 11 days ago
Pretoria — The Reserve Bank on Thursday kept South Africa's repo rate unchanged at 7 percent per annum. "The Monetary Policy Committee (MPC) felt that there is some room to pause in this tightening cycle and accordingly decided to keep the... Read more
12 related stories
11d
Belfast Telegraph
Bank of England's Professor Kristin Forbes warns that EU referendum fogging up the picture on Northern Ireland and UK economylooming Brexit vote, a Bank of England economist has said. And Professor Krist
Bank of England's Professor Kristin Forbes warns that EU referendum fogging up the picture on Northern Ireland and UK economy
Belfast Telegraph / Posted 11 days ago
looming Brexit vote, a Bank of England economist has said. And Professor Kristin Forbes, an external member of the Bank's Monetary Policy Committee, is in Northern Ireland to find out whether firms here are putting off major decisions ahead of the... Read more
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