Monetary Policy Committee

News

Minority Reacts To the President’s State of the Nation Address

The Minority in Parliament has slammed the State of the Nation Address (SONA), delivered by President Akufo-Addo, for...

News

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...

News

Policy Rate Pegged At 21%

Policy rate has been reduced to 21 per cent, thus a 150 basis point. This is the fourth time in the year that the...

News

Ghana’s Debt Stock Reaches GHS137bn

New figures from the Bank of Ghana(BoG) has shown that the country’s total public debt as at May this year was...

Headlines

India’s Central Bank Keeps Rates At 6.25 Percent

India's central bank held interest rates in line with analysts' expectations on Wednesday, rebuffing the finance...

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...

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...

Business

Stable Economy To Push Down Interest Rates – PEF

The Private Enterprise Federation has lauded the move by the Bank of Ghana to reduce the MPC rate by 100 basis points...

News

BoG Shelves Decision To Increase Minimum Capital Requirement

The central bank is putting on hold its move to announce a further increase in the minimum capital requirement for...

Business

BoG Cuts Key Interest Rates

The Bank of Ghana (BoG) has cut its benchmark interest rate by 100 basis points from 23.5 to 22.5 percent, citing a...

News

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...

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

MPC Likely To Maintain Policy Rate At 23.5%

GN Research expects the Monetary Policy Committee (MPC) to keep the Monetary Policy Rate at 23.5%, due to a positive...

International

Spending Squeeze To Worsen, Warns Bank

Bank of England governor Mark Carney has warned of a consumer spending squeeze this year as inflation rises and real...

Business

BoG Directs Weak Banks To Submit Recapitalisation Plans

The Bank of Ghana (BoG) has directed banks with minimum capital below industry levels to, as a matter of urgency,...

Business

Policy Rate To Drop Further

Ghana’s Central Bank could slash further its benchmark interest rate to as low as 17.50 per cent by the end of this...

Business

Banks Deposits Hit GHC53.2b

Total deposits of the banking industry as at the end of February 2017 was GH¢53.2 billion, up from GH¢51.8 in...

Top Stories

Dr. Ernest Addison Is New BoG Governor

President Nana Addo Dankwa Akufo-Addo has appointed Dr. Ernest Kwamina Yedu Addison, as Governor of the Bank of Ghana....

Top Stories

Dr. Ernest Addison Is New BoG Governor

President Nana Addo Danquah Akufo Addo has appointed Dr. Ernest Kwamina Yedu Addison as Governor of the Bank of Ghana....