Monetary policy

News

BoG Releases Annual Percentage Rates of Interest Charged On Loans

The Bank of Ghana on Friday released its latest data on Annual Percentage Rates (APR) of interest charged on loans and...

News

Inflation Drops By 1.5% To 10.3% In January

Inflation rate for January 2018 dropped by 1.5% from the 11.8% recorded in December last year to was 10.3%. Acting...

News

Economist Hopeful of Banks’ Response

Some economists are predicting that commercial banks across the country will soon reduce their interest rates. Figures...

Headlines

US Federal Reserve Keeps Benchmark Interest Rate Unchanged

The US Federal Reserve kept its benchmark interest rate unchanged on Wednesday but gave no clear signal about the...

Headlines

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...

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

BoG Reduces Policy Rate By 150 Basis Points

The Bank of Ghana has reduced its policy rate to 21 percent. The figure represents a 150 basis points reduction from...

Headlines

No-Show Inflation Poses Conundrum For US Fed

After tightening monetary policy last month for the second time this year, the US central bank is expected to pause for...

News

Midyear Outlook: 74% of Banks Fail To Match Reduction In MPR

A GN Research analysis of Bank of Ghana’s (BoG) annual percentage rates (apr) and average interest (ai) have shown...

Headlines

China’s Economy Posts Steady Growth But Risks Remain

China posted better-than-expected growth in the second quarter, official data showed on Monday, but authorities warned...

Headlines

‘Challenging’ For US Economy To Grow By 3%

Federal Reserve Chair Janet Yellen warned Thursday that the Trump administration target of three percent growth will be...

Headlines

US Sees ‘slight To Moderate’ Growth In June

The US economy saw "slight to moderate" growth in June while signs of mounting inflation remained scarce despite tight...

Headlines

US Economy Needs Only ‘gradual’ Rate Hikes

Federal Reserve Chair Janet Yellen on Wednesday said even as the US economy grows stronger and employment expands, she...

Headlines

Retail Inflation In India Hits Record Low

Retail inflation in India hit a record low in June, according to government data released Wednesday, reflecting a...

Headlines

Fed’s Yellen Still Sees Only ‘gradual’ Rate Hikes

Federal Reserve Chair Janet Yellen said Wednesday she still foresees only "gradual" interest rate increases in the few...

News

Banks Facing Continuing Challenges

Research wing of Groupe Nduom (GN) conglomerate, GN Research, has stressed that reductions in the Monetary Policy Rate...

Headlines

US Fed Sees Signs Business Investment To Boost Economy

The Federal Reserve said Friday it sees hopeful signs that business investment is poised to rebound from the doldrums...

Headlines

US Fed Members Divided On Inflation Risk

US central bankers are divided over the risk of inflation and disagree over the timing of interest rate hikes into next...