2017 Q2 GDP reignites debate on interest rates

With the release of 2017 second quarter (Q2) Gross Domestic Product (GDP) data by the National Bureau of Statistics (NBS), last Tuesday, members of the Central Bank of Nigeria (CBN)'s Monetary Policy Committee (MPC) will again face the key decision of whether to cut or retain interest rates when they meet in Abuja in a fortnight, writes TONY CHUKWUNYEM.Despite the euphoria that greeted the announcement by the National Bureau of Statistics (NBS) last Tuesday that the Nigerian economy had officially exited recession with a marginal 0.55 per cent...The post 2017 Q2 GDP reignites debate on interest rates appeared first on New Telegraph Online.
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