Inflation slows for second straight month, boosting rate cut odds
Nigeria’s inflation eased for second straight month in August, paving way for a possible interest rate cut as authorities set read more Inflation slows for second straight month raising case for rate cut
Nigeria's inflation rate eased for a second consecutive month in August, strengthening the case for a potential interest rate cut by the Central Bank of Nigeria. A sustained disinflation trend could lower borrowing costs for businesses and signal improved macroeconomic stability, though the monetary authority will likely weigh easing against currency and fiscal pressures.
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