{"id":68532,"date":"2023-01-24T16:41:29","date_gmt":"2023-01-24T15:41:29","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=68532"},"modified":"2023-01-24T16:41:29","modified_gmt":"2023-01-24T15:41:29","slug":"cbn-raises-rate-to-17-5","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/cbn-raises-rate-to-17-5\/","title":{"rendered":"CBN\u00a0 Raises Rate To 17.5 %"},"content":{"rendered":"<p dir=\"ltr\">The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate to 17.5 percent in its efforts to tame inflation.<\/p>\n<p dir=\"ltr\">The Governor of CBN, Mr. Godwin Emefiele, disclosed this, this today, at the end of the first 2023 Monetary Policy Committee (MPC) meeting in Abuja.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p dir=\"ltr\">He said that although the effects of past policy decision were being felt in the reduction of the rate of inflation, the result was not yet good enough to hold or reduce the MPR.<\/p>\n<div align=\"left\"><\/div>\n<div align=\"left\"><\/div>\n<\/p><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate to 17.5 percent in its efforts to tame inflation.\u00a0<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":22759,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[36],"coauthors":[2391],"class_list":["post-68532","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-cbn"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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