Federal funds rate

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91-Day Bill Yield Falls To 16.4%

The yield on the Bank of Ghana’s weekly 91-day bill fell to 16.4281 percent at an auction on Friday December 23, from...

International

US Raises Key Interest Rate By 0.25%

The US Federal Reserve has raised its benchmark interest rate by 0.25%, only the second increase in a decade. The...

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You and Low Interest Rates

The start of the week saw the Monetary Policy Committee (MPC) of the Bank of Ghana announcing a reduction in the policy...

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BoG Reduces Policy Rate To 25.5%

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced the policy rate by 50 basis point to 25.5...

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Financial Observers Expect A Reduction Today

There is growing expectation on the Bank of Ghana (BoG) to announce a reduction in the policy rate as the governor...

Business

President Mahama To Consider Capping Interest Rates

The President of Ghana John Dramani Mahama has hinted of moves to consider capping interest rates in the country....

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Astronomical Interest Rates, Killer of Businesses

One and five Ghana cedis notes. File photo. “Well, I do not think I will be able to go for the loan for us to...

Business

BoG Worried Over High Lending Rates

The governor of the Bank of Ghana (BoG) Dr. Abdul Nashir Issahaku has described as worrying the country’s current...