CARDOSO MAKES CASE FOR TRANSPARENT , CONSENSUS - DRIVEN MONETARY POLICY AT IMF FORUM – THISDAYLIVE

What happened: CBN Governor Olayemi Cardoso spoke at an IMF seminar in Bangkok on how the CBN's Monetary Policy Committee uses informed deliberation, independent perspectives and clear communication. Key numbers: September MPC meeting cut the benchmark rate by 350 basis points, from 26.5 per cent to 23 per cent. Why it matters: Cardoso said credibility with markets helped investors absorb the unexpected rate decision, and IMF's Dan Katz said markets took it without significant disruption.

Cardoso advocates transparent, consensus-driven monetary policy at IMF forum.

Cardoso advocates transparent, consensus-driven monetary policy at IMF forum. — impact context not separately stored; see What changed.