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Central Bank Warns of Persistent Inflation Pressures

By James Okafor · · 1 min read
Central Bank Warns of Persistent Inflation Pressures

Annual inflation remains above target despite recent policy tightening.

The central bank warned that inflation pressures could persist longer than previously expected, citing supply-chain bottlenecks and energy price volatility. Governor noted that while rates are elevated, further hikes are not yet ruled out.
Tags: Economy

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