cbn statement, 2022-11-22
However, it is expected that the tight monetary policy stance of the Committee will permeate the economy, weigh demand down and gradually subjugate inflation, especially with broad money supply (M3) growing further by 13.80 per cent in October 2022, (year-to-date) compared with 11.00 per cent in September 2022.
Sentiment: neutral
Topic: mp_inflation