Why exchange rate, not interest rate, may be CBN’s best tool against inflation

    Oluwole Crowther | Top Stories | Feb 25, 2025    
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The excessive use of mathematics in economics has often been criticised as akin to killing an ant with a sledgehammer. This critique extends beyond the realm of equations and models to the world of policy-making: when the wrong problem is met with the right prescription, the outcomes can be disastrous.

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