Monetary Policy

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

Nobel Prize winner Paul Krugman complained on Twitter Wednesday … More…

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Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks

The persistent scarcity of foreign exchange may force the Nigerian… More…

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Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell 

The U.S. Federal Reserve raised its benchmark federal funds rate … More…

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Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down

As investors examine the next move of the Federal Reserve, analysts,… More…

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DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds

Crypto donations are so much more than just peer-to-peer Bitcoin … More…

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World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

On Jan. 10, 2023, the World Bank published its Global Economic Prospects… More…

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Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

The U.S. Federal Reserve has raised the benchmark bank rate seven … More…

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New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

The Central Bank of Nigeria governor, Godwin Emefiele, has said the… More…

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IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed

A well-regulated African cryptocurrency market is needed in order… More…

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Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

According to the International Monetary Fund (IMF)’s mission… More…

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