BoG Stays Policy Rate At 29%
The Bank of Ghana has maintained its monetary policy rate at twenty-nine per cent. This comes amid calls from the International Monetary Fund to Central Banks to be careful when….
Tag: policy rate
MPC Begins Meetings Next Week: Will Policy Rate Stay Or Increase?
The Monetary Policy Committee (MPC) of the Bank of Ghana will hold its 117th Regular Meeting from Wednesday, March 20, 2024, to Friday, March 22, 2024, to review developments in….
Pressure Mounts On BoG To Reduce Policy Rate — Chamber Of Commerce Latest To Push
Pressure is mounting on the Monetary Policy Committee of the Bank of Ghana (BoG) to reduce the policy rate to enable a positive effect on the cost of borrowing in….
Policy Rate To Be Maintained At 30% – GCB Capital
Ahead of the announcement of a policy rate on Monday September 25, 2023, GCB Capital expects the Monetary Policy Committee [MPC] of the Bank of Ghana to maintain the policy….
Policy Rate To Be Kept At 30% At Next MPC Meeting – Fitch Solutions Predicts
Fitch Solutions is forecasting a steady policy rate of 30.0% by the Bank of Ghana at its next meeting in September 2023. It however believes that the Central Bank will….
Policy Rate Hike Will Not Tame Inflation; Industry Will Rather Suffer – GNCCI
The Ghana National Chamber of Commerce and Industry is challenging claims by the Bank of Ghana that the hike in the policy rate is to control inflation and liquidity in….
Policy Rate Increases To 28%; Cost Of Loans To Surge
The Monetary Policy Rate of the Bank of Ghana has increased its policy rate – the rate at which it lends to commercial banks – by 100 basis points to….
BoG To Continue Policy Rate Hiking Cycle As Part Of IMF Condition – Fitch Solutions
The Bank of Ghana will continue its policy rate hiking cycle, increasing the benchmark interest rate to 27% by the end of 2023. According to international research institution, Fitch Solutions,….
Treasury Yields To Increase In Coming Weeks; Inflation To Peak In Quarter 4 – Report
With liquidity constrained and the policy rate of the Bank of Ghana at 22%, yields on treasury bills are expected to go up in the coming weeks. According to Databank….