US Fed To Meet Amid Weak Inflation
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...
Tag: Macroeconomic policy
Policy Rate Down To 21%
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...
US Fed To Raise Rates Despite Sluggish Economic Data
For the second time this year, the US central bank appears poised to raise interest rates despite fresh signs the world's largest economy is not in peak condition. The recent soft numbers on the...
FirstBanC Expects 22.5% Policy Rate To Boost Growth
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...
Policy Rate Drops Further To 22.5%
The Monetary Policy Committee of the Bank of Ghana has reduced the monetary policy rate from the previous 23.5 per cent to 22.5 per cent. The rate has, therefore, been reduced by 100 basis points....
Economist Pushes For A Reduction In Policy Rate
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...
Monetary Policy Rate Likely To Be Maintained At 23.5 Percent
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...
US Fed Not Likely To Move Rates Amid Tepid Inflation
The Federal Reserve was set to open its two-day policy meeting on Tuesday amid signs of softening inflation which eases the pressure to raise interest rates, at least for now. The central bank is not...
Fed’s Fischer Says Rate Hikes Unlikely To Roil World Markets
As the global recovery has taken firmer hold, gradual US interest rate increases are unlikely to roil world markets or cause undue problems for policymakers, a top Federal Reserve official said...
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...
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...
2017 Budget Not A Panacea To Reduce Policy Rate
Despite government’s intention to pursue a pro business economic agenda in its fiscal policies, some financial observers are skeptical the managers of the monetary policy will respond by reducing...
2017 Budget Not A Panacea To Reduce Policy Rate- Economist
Despite government’s intention to pursue a pro business economic agenda in its fiscal policies, some financial observers are skeptical the managers of the monetary policy will respond by reducing...
China Cuts Growth Goal, Puts Focus On Reform and ‘firewall’ Against Risks
China has cut its growth target this year as the world's second-largest economy pushes through painful reforms to address a rapid build-up in debt, and erects a "firewall" against financial risks....
TUC Makes Proposals On Trade, ECG, Others For March Budget
The Ghana Trades Union Congress (TUC) has made key proposals on various aspects of the economy for the March 1, 2017, budget statement which it says will empower workers. In a 17-page document...
China’s Huge Debt Poses Big Headache For Central Bank
Chinese banks lent more money in January alone than the annual GDP of South Africa, as borrowers rushed to take advantage of government policies intended to stimulate the economy with easy credit....
Fed’s Yellen Says Fiscal Policy Adds ‘uncertainty’ To Outlook
Possible changes in fiscal policy by US President Donald Trump are among the factors adding "uncertainty" to the economic outlook, Federal Reserve Chair Janet Yellen said Tuesday. She cautioned that...
Partner BoG To Grow Economy
Ken Ofori Atta to collaborate with the central bank to map up policies to increase revenue. Finance Minister Ken Ofori-Atta has been urged to tackle corruption in the financial sector to spur...
Policy Rate Likely To Remain At 25.5%
There are high expectations the Monetary Policy Committee of the Bank of Ghana will maintain its policy rate at 25.5 percent today. The Policy rate is indicative of the rate at which the Central Bank...