Tag: policy rate
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Ghana Economy May Enter Sustained Low Inflation Era
The economy is entering what the Bank of Ghana says could be a sustained period of price stability, with inflation projected to settle between...
Another Policy Rate Cut This Year Unlikely Despite 9.4% Inflation, Economist Warns
Ghanaian businesses hoping for another interest rate reduction from the Bank of Ghana (BoG) may need to temper their expectations, as an economist has...
Lending Rates Set to Drop as Ghana Reference Rate Hits 17.86%
Ghana's benchmark lending rate fell to 17.86% in October from 19.86% in September, offering businesses and households their first meaningful relief from borrowing costs...
Economist Criticizes Slow Bank Response to Policy Rate Cuts
Leading economist Dr. Theo Acheampong has criticized Ghana's commercial banks for their sluggish response to aggressive monetary policy easing, arguing that lending rates remain...
BoG Cuts Policy Rate by 350 Basis Points as Inflation Cools
Borrowers across Ghana are poised to benefit from significantly cheaper credit after the Bank of Ghana delivered its most aggressive policy rate reduction in...
