monetary-policy

Latest news and articles about monetary-policy from NEX English

Ethiopian Central Bank Holds Interest Rate Steady at 15% to Combat Inflation

The Ethiopian Central Bank has decided to maintain the main interest rate at <strong>15%</strong> to curb inflation, which it aims to keep below <strong>10%</strong>. This decision comes amid increasing economic challenges facing the country.

Analyze impact of Iran war on oil prices and global monetary policy

Jordan Rochester, a strategist at Mizuho Bank, reveals the ongoing war in Iran is affecting oil prices and the dollar, potentially leading to higher interest rates in the US and Europe. This situation calls for cautious economic measures as tensions rise.