Inflation to fall below 29% in November 2023 – Report

December 13, 2023 Research institution, IC Research, is forecasting a decline in inflation, potentially below 29.0% in November 2023. This, it believes, will make it possible to restore a positive real rate...

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December 13, 2023 / Comments (0)

Monetary policy rate held steady at 30%

September 26, 2023 The Bank of Ghana has maintained the monetary policy rate at 30 per cent after reviewing developments in the economy. This means that the lending rate in the country will remain steady. It...

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September 26, 2023 / Comments (0)

BoG optimistic about ease of inflation

June 27, 2022 Early indications have signalled an easing in the rate at which prices of goods and services are rising, Director of Research at the Bank of Ghana, Dr. Philip Abradu-Otoo, has suggested....

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June 27, 2022 / Comments (0)

Bank of Ghana raises policy rate to 14.5%

November 23, 2021 The Bank of Ghana (BoG) has increased its policy rate from 13.5 percent to 14.5 percent, six months after cutting the benchmark rate. The bank said today that the increment was necessary to...

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November 23, 2021 / Comments (0)

BoG cuts policy rate to 13.5%, first time since March 2020

June 1, 2021 In its quest to foster economic growth and ensure financial stability in response to developments on the local and external front, the Monetary Policy Committee, MPC, of the Bank of Ghana,...

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June 1, 2021 / Comments (0)

Policy rate to remain unchanged for 7th consecutive time – Economist predicts

May 31, 2021 Professor of Economics at the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey has predicted that the policy rate will remain unchanged at 14.5...

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May 31, 2021 / Comments (0)

Pandemic’s new wave pushes BoG to stay policy rate again

February 2, 2021 For the fifth consecutive time, the Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at its current rate of 14.5 percent, following risks to inflation and...

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February 2, 2021 / Comments (0)

Gov’t baits bond market investors with static policy rate

November 24, 2020 Fiscal rule to be suspended for three years The Monetary Policy Committee (MPC) of the central bank has, for the fourth consecutive time, maintained the policy rate, saying, any slight cut...

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November 24, 2020 / Comments (0)

Bank of Ghana maintains policy rate for 3rd consecutive time at 14.5%

September 29, 2020 The Monetary Policy Committee of the Bank of Ghana has maintained the policy rate at 14.5 percent after a similar decision in May and July of this year. This makes it the third consecutive...

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September 29, 2020 / Comments (0)