Download Tag: CONTROLLING INFLATION IN NIGERIA

 ABSTRACT This extended essay examines the Impact of monetary policy in controlling inflation. The ways of combating inflation identified were through monetary policy open market operation (OMO), moral suation, minimum requirement; interest rate cash reserve requirement (CRR) liquidity ratio etc and fiscal policy approach-taxes, government expenditure and borrowing. The essay however discovers that combating inflation using either the monetary or fiscal policy approach is highly uncertain. The result may vary ...

Abstract The study examined the effectiveness of monetary policy in controlling inflation in Nigeria.  In the model specified, inflation is the regress and while cash reserved requirement, liquidity ratio, money supply, minimum rediscount rate and interest rate are the regressor.  Data was collected from CBN statistical Bulletin.  The statistical techniques used for the analysis is the ordinary least square technical with the aid of E-view 5.0 software package.  The research ...