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Tuesday, 27 July 2021

Analysts rule out hawkish position on interest rate by MPC

Analysts rule out hawkish position on interest rate by MPC: In a note to clients on Tuesday, analysts at the investment banking group said “we think the MPC will be reluctant to ease monetary policy, despite the positive implication for economic recovery, as it could trigger inflationary pressures and possible weakness in the Naira.

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