The Monetary Policy Committee of Bank of Ghana has reduced the policy rate by 200 basis point, the bank announced on Monday. This means the rate at which the central bank lends to commercial banks...
Inflation rate for January 2018 dropped by 1.5% from the 11.8% recorded in December last year to was 10.3%. Acting government statistician, Dr. Baah Wadieh, attributed the decrease to a...
US manufacturing activity continued to expand in July but at a slightly slower pace than in June, with declines in new orders, output and employment, the Institute for Supply Management said Tuesday....
Some economists are predicting that commercial banks across the country will soon reduce their interest rates. Figures from the Bank of Ghana (BoG) show that the 91 day Treasury bill is at 12.5...
This represents a 1.1 percent drop from the 3.7 percent recorded in May 2017. The PPI measures the average change over time in the prices received by domestic producers for the production of their...
The US Federal Reserve kept its benchmark interest rate unchanged on Wednesday but gave no clear signal about the chances for another increase this year. But the central bank did confirm that it...
The US Federal Reserve was due to open a two-day monetary policy meeting on Tuesday but is widely expected to leave the key interest rate untouched after raising it twice so far this year. Markets...
Monetary Policy Committee of the Bank of Ghana (BoG) has reduced the policy rate of June from 22.5 per cent to 21 per cent for July. Governor of the Bank of Ghana, Dr. Ernest Addison, disclosed at...
The Bank of Ghana has reduced its policy rate to 21 percent. The figure represents a 150 basis points reduction from the 22.5 percent. This is the third consecutive time that the policy rate has been...
After tightening monetary policy last month for the second time this year, the US central bank is expected to pause for the next few months to monitor developments. The Federal Reserve will leave the...
A GN Research analysis of Bank of Ghana’s (BoG) annual percentage rates (apr) and average interest (ai) have shown that 74% of banks in the country failed to match the 300 basis point reduction in...
There is growing disquiet among continuing students of the University of Ghana over the rise in their fees for the 2017/2018 academic year. Each year, the university’s increases fees based...
Cheap energy prices kept US inflation flat in June in another sign price pressures remain weak in the world's largest economy, Labor Department figures showed Friday. The falling price of gasoline...
The International Monetary Fund has approved a second tranche of a $12 billion loan to Egypt, praising the country's tough economic reforms that have fuelled inflation. In a statement on Thursday,...
Federal Reserve Chair Janet Yellen warned Thursday that the Trump administration target of three percent growth will be "quite challenging" to meet. President Donald Trump had promised during last...
Inflation has dropped again for the month of June from 12.6 per cent in May to 12.1 per cent. This is the lowest since December 2013. The marginal reduction in the price of fuel was mentioned as one...
Asian markets surged on Thursday, extending a global rally that saw another record on Wall Street after the head of the Federal Reserve indicated it would take a gradual approach to raising US...
The US economy saw "slight to moderate" growth in June while signs of mounting inflation remained scarce despite tight labor markets, the Federal Reserve said Wednesday. Most regions also expect the...
Federal Reserve Chair Janet Yellen on Wednesday said even as the US economy grows stronger and employment expands, she foresees only "gradual" interest rate increases in the few years ahead. Facing...
Retail inflation in India hit a record low in June, according to government data released Wednesday, reflecting a slowdown in the economy and adding pressure for a rate cut, experts said. Retail...
