The NSE All Share Index lost 0.11 percent as the index continued its decline for the 6th consecutive session. Will the recent announcement by the Monetary Policy Committee that the Monetary Policy Rate will be raised by 200 basis points from 12 per cent to 14 per cent combat inflation and stimulate growth? What’s next for the economy and what will be the implications of a recession be? Ugodre Obi-Chukwu, Founder of the economic website, Nairametrics joined CNBC Africa to comment. Watch the video below;