BoG Cuts Policy Rate To 23.5%
The Monetary Policy Committee (MPC) of the Bank of Ghana has reduced the Monetary Policy Rate by 200 basis points to 23.5 percent. At the 75th regular MPC meeting, Governor of the central Bank Dr....
Tag: Inflation
BoG Reduces Policy Rate To 23.5%
The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a 200 basis point reduction from the previous figure; 25.5 percent. Governor of the...
Industry Upbeat About A Drop In Policy Rate
Industry players are upbeat about a possible reduction in the policy rate to be announced by the Bank of Ghana later today. Their hopes are largely built on the declining inflation as well as drop in...
BoG Expected To Cut Policy Rate
The Monetary Policy Committee of the Central Bank of Ghana (BoG) is widely expected to loosen its tight monetary stance, after inflation trended downwards for the fifth consecutive time and the local...
Macroeconomic Performance To Influence Policy Rate
Despite high expectation on the part of the private sector for the Bank of Ghana(BoG) to reduce the policy rate due to government’s policy direction, some financial observers maintain that...
Macroeconomic Performance To Influence Policy Rate- Prof. Quartey
Despite high expectation on the part of the private sector for the Bank of Ghana(BoG) to reduce the policy rate due to government’s policy direction, some financial observers maintain that...
US Raises Interest Rates 0.25 Percent Amid Growing Confidence
The U. S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to...
BoG Likely To Reduce MPR By 100 Basis Points
The Monetary Policy Committee (MPC) of the central bank is set to announce a new Monetary Policy Rate (MPR), on Monday March 27, 2017, with the prime objective of ensuring price stability and low...
BoG Likely To Reduce MPR By 100 Basis Points
The Monetary Policy Committee (MPC) of the central bank is set to announce a new Monetary Policy Rate (MPR), on Monday March 27, 2017, with the prime objective of ensuring price stability and low...
BoG Likely To Reduce Monetary Policy Rate
The Monetary Policy Committee (MPC) of the central bank is set to announce a new Monetary Policy Rate (MPR), on Monday March 27, 2017, with the prime objective of ensuring price stability and low...
BoG Likely To Reduce Monetary Policy Rate By 100 Basis Points
The Monetary Policy Committee (MPC) of the central bank is set to announce a new Monetary Policy Rate (MPR), on Monday March 27, 2017, with the prime objective of ensuring price stability and low...
Higher Fuel Prices Take Toll On Retail Sales
UK retail sales posted a 1.4% rise in February from the previous month, but there are signs that higher fuel prices have begun to hit shoppers' pockets. In the three months to February, sales volumes...
Economists Divided Over Possible Outcome of Policy Rate Meeting
The Monetary Policy Committee (MPC) of the bank of Ghana is expected o announce a new policy rate on Friday, and already, there is high expectation. The meeting which will be the 75th is expected to...
Declining Inflation, ‘stable’ Cedi To Signal Drop In Policy Rate
Economists are highly expectant of a reduction in the policy rate by the Monetary Policy Committee (MPC) of the Bank of Ghana as the Committee prepares to announce its new rate next Monday. They cite...
Iran’s Supreme Leader Calls For ‘resistance Economy’
Iran's supreme leader Ayatollah Ali Khamenei on Monday reiterated a call for a "resistance economy" that prioritises domestic production. In a televised message to mark Nowruz, the Persian New Year,...
Inflation Drops To 13.2% In Feb
Inflation for the month of February dropped to 13.2 percent. It represents a monthly change rate of 0.1 percent compared to the 13.3 percent recorded in January this year. According to the Ghana...
February Inflation Drops Marginally To 13.2%
Ghana has recorded a 13.2% in its year-on-year inflation for February 2017 being the lowest inflation recorded since December 2013. The figure represents a drop of 0.1% points, from the 13.3%...
US Fed Raises Benchmark Interest Rate A Quarter Point
The US Federal Reserve on Wednesday raised the benchmark interest rate a quarter point, noting that inflation is moving closer to the central bank's two percent target. But in announcing the first...
Inflation Drops Again To 13.2% In February
Inflation for the month of February dropped to 13.2 percent. It represents a monthly change rate of 0.1 percent compared to the 13.3 percent recorded in January this year. According to the Ghana...
Central Bank of Nigeria Injects $195m Into Forex Market
The Central Bank of Nigeria (CBN) yesterday said it will inject $195 million comprising of $150 million for the wholesale auction and $45 million in the invisible segment for such items as medical...