IMF Warns Nigeria, Other African Countries On Debt Default
Despite renewed falls in equity markets and broadening signs that investors are bracing for a major slowdown in the global economy, most central banks appear determined to press ahead with the most aggressive and synchronized tightening cycle since at least the 1990s.
While policymakers may eventually relent, analysts are of the view that the willingness to impose further pain on financial markets will continue to be underestimated as the global economy continues a halt recovery from the COVID-19 pandemic and ongoing energy crisis
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