Macroeconomics

News

Moody’s Predicts Acceleration In Ghana’s ‘real’ GDP For 2017, 2018

Ghana’s B3 credit rating and stable outlook reflects its strong economic growth outlook and reduction in external...

Headlines

US Fed Members Divided On Near-Term Inflation Risk

US central bankers are divided over the near-term risk of inflation and disagree over the timing of interest rate hikes...

Headlines

Key US Inflation Measure Declines In May

The Federal Reserve's preferred measure of inflation retreated in May, casting further doubt on the chances for another...

Business

May Inflation Drops To Lowest In 3 Yrs

Inflation for the month of May 2017 dropped marginally to 12.6 per cent as against the 13 per cent recorded in April...

Headlines

Gasoline Prices Drag Down US Inflation, Retail In May

Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more...

Headlines

Gasoline Prices Drag Down US Inflation, Retail In May

Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more...

Business

Rising Inflation To Affect Interest and Exchange Rates – Economist

Economist, Dr. Ebo Turkson has predicted of dire implications on interest and exchange rates should inflation rise in...

Business

Inflation To Increase To 13.3% In May 2017

Ghana Statistical Service (GSS) is expected to announce the consumer price inflation for the month of May 2017 in the...

Headlines

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...

Business

Inflation Will Decline Further To 11.2%

All things being equal, inflation will decline further to 11.2 per cent by the end of 2017, the Institute of...

News

Lower Production Cost To Result In Single Digit Inflation

The Bank of Ghana (BoG)’s medium term inflation target could be attained should government tackle challenges facing...

News

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...

Business

Trade Surplus Doubles To US$1.2bn In April

Export proceeds in the first four months of the year overtook imports by 30.2 per cent, resulting in a balance of trade...

Headlines

Egyptians Brace For Austere Ramadan After Reforms

Ramadan is a time for daytime fasting and lavish evening feasts, but Egyptians are scaling back preparations for the...

Sports

Fitch Forecasts Higher 2017 Budget Deficit

Rating agency, Fitch, has forecasted that the 2017 budget deficit would narrow to 7.5% of GDP on a cash basis, and...

Business

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...

News

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...

Business

Fiscal Discipline Key To Sustained Economic Development

The Vice President Dr. Mahamudu Bawumia has stated that maintaining fiscal discipline is critical to ensuring sustained...

Business

Fitch Lauds Progress In the Ghanaian Economy

Ratings agency Fitch has lauded government’s efforts in getting the economy back on track after a recent ‘crisis’...