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Home Tag Archives: Bank of America

Tag Archives: Bank of America

Economy

Nigeria inflation may hit 30% – BoA warns

By Breezynews
4 July 2023
in :  Economy
0
54

The Bank of America has said the Monetary Policy Committee of the Central Bank may need to increase interest rates by at least 700 basis points before the end of the year to curb inflation. In an interview with Bloomberg on Monday, the bank’s sub-Saharan Africa Economist, Tatonga Rusike, said the hike was necessary to tackle soaring inflation occasioned by …

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