India's central bank held interest rates in line with analysts' expectations on Wednesday, rebuffing the finance ministry's desire for a cut after India's growth slowed. The Reserve Bank of India...
The Bank of Ghana (BoG)’s medium term inflation target could be attained should government tackle challenges facing the supply of critical services in the country. This is the position of...
President Donald Trump's economic and tax agenda assume growth in the world's largest economy will see a sustained rebound to double the current rate. But analysts are casting doubt on that goal...
FirstBanC Financial Services Ltd (FirstBanC), is expecting the reduction in policy rate from 23.5 to 22.5 percent to further boost Ghana’s economic growth. The Monetary Policy Committee of the Bank...
Ramadan is a time for daytime fasting and lavish evening feasts, but Egyptians are scaling back preparations for the Muslim holy month this year after austerity measures fuelled decades-high...
US central bank policymakers want to see proof the country's economic slowdown is temporary before they raise interest rates, according to minutes of their latest meeting. They said it would be...
The Bank of Ghana (BoG) has cut its benchmark interest rate by 100 basis points from 23.5 to 22.5 percent, citing a downward trend in inflation towards medium term targets. The BoG has set eight plus...
Ahead of the announcement of a new policy rate by the Bank of Ghana on Monday, some economists are predicting a further drop in the policy rate. Economist Professor Godfred Bokpin explains to Citi...
In what may appear to be a disappointing news for industry, some economists are predicting that the central bank will maintain the monetary policy rate in its next review instead of further reducing...
GN Research expects the Monetary Policy Committee (MPC) to keep the Monetary Policy Rate at 23.5%, due to a positive trend in inflation outlook, a stable currency, an improved investor confidence and...
Japan has posted its longest economic expansion in over a decade, government data showed Thursday, chalking up a win for Tokyo's growth bid even though the battle to conquer deflation is still far...
Following the rise in inflation from 12.8% in March to 13% in April 2017, some economists have advised government to put in measures to control it as they warn it will affect the rate of treasury...
Fitch ratings agency upgraded Ghana’s outlook to stable on Friday and said the government was making progress in stabilizing the economy after a period of crisis. The agency kept its ‘B’ rating...
Fitch ratings agency has on Friday upgraded Ghana’s outlook to Stable. Fitch says Ghana is making progress in stabilizing the economy after recent “crisis period”, with expected revival in GDP...
US inflation edged higher in April, reversing the previous month's surprise drop, the Labor Department reported on Friday. The Consumer Price Index, which tracks changes in the costs of goods and...
The 15 percent increment in transport fares by the GPRTU in April has pushed inflation up slightly to 13 percent from 12.8 percent in March, the Ghana Statistical Service has announced. “The rise...
Bank of England governor Mark Carney has warned of a consumer spending squeeze this year as inflation rises and real wages fall. This year will be "a more challenging time for British households" and...
Mounting services costs drove up US wholesale inflation in April, with the annual measure hitting its fastest pace in five years, the Labor Department reported Thursday. The figures pointed to a...
The year-on-year inflation rate went up slightly in April to 13.0 per cent, up by 0.2 percentage points, compared with the 12.8 percent recorded in March. The Acting Government Statistician, Mr Baah...
The figure went up by 1.6 percent from the 12.8 percent recorded in March this year. According to the Ghana Statistical Service (GSS), inflation for food items was 6.7 percent. Meanwhile inflation...
