Will the CBN cut the Monetary Policy Rate before year‑end?

Will the Central Bank of Nigeria reduce the Monetary Policy Rate at any MPC meeting before 31 December?

History builds as forecasts are placed.

Overview

After a long tightening cycle, markets watch for the CBN's first rate cut. This market forecasts whether the MPR is cut at any MPC meeting before year end.

Resolution rules

Resolves YES if any CBN MPC communiqué before 31 December announces a reduction in the MPR from its prior level. Otherwise NO. Official CBN communiqués are authoritative.

Official source: Central Bank of Nigeria — MPC communiqués (cbn.gov.ng)

Lifecycle

1. DRAFT — Create

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2. REVIEW — Review

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3. APPROVED — Approve

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4. OPEN — Open

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