Nigeria: What Are Our Presidential Candidates' Thoughts On the Economy

Nigeria: What Are Our Presidential Candidates' Thoughts On the Economy

allAfrica.com

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[Premium Times] Last week, the US Federal Reserve - that country's central bank - raised its benchmark interest rate by three-quarters of a percentage point to bring its overnight interest rate to a range of 3.00%-3.25%. This is the third such 75 basis points rise in the benchmark rate since the Fed entered its current tightening cycle. And since March this year, when the Fed (in its attempt to put a lid on rising domestic prices) raised its rate by a quarter of a percentage point (the first time rates were raised since 2

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