Monetary policy

Headlines

Global Stocks Pressured By Tough Central Banker Talk

US stocks finished mostly higher Friday, bucking the trend in most global equity markets as worries about tightening...

Headlines

Tech Sell-Off Hits US Stocks; Euro Surges On Draghi Comments

Wall Street stocks took a hit Tuesday as a key vote on President Donald Trump's health care reform was delayed, while...

News

Why Commercial Banks’ Minimum Lending Rates Do Not Drop At the Same Pace As BoG’s MPR Cut

The Bank of Ghana’s Monetary Policy Rate (MPR) has been lowered by 350 basis points from 26% in January to 22.5%....

News

Effect of Policy Rate Cut By BoG On Banking Industry

Central Banks use monetary policy rates as the benchmark for charging interest on loans and advances to commercial...

Headlines

US Fed Raises Key Interest Rate To 1.0-1.25%, Signals One More Hike

The US Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25% on Wednesday and signaled...

Business

Interest On Loans Continue To Decline

The interest charged by banks and other lending financial institutions on loans and advances to individuals and...

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 Poised To Hike Despite Weak Inflation

The US Federal Reserve was due to begin a two-day review of monetary policy on Tuesday, with the second interest rate...

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...

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

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...

International

Dollar Slips After Cautious Fed Minutes

US central bank policymakers want to see proof the country's economic slowdown is temporary before they raise interest...

Headlines

New Rate Hike Likely Appropriate ‘soon’

US central bankers say the time will "soon" be right to once more raise the key lending rate, according to the minutes...

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...

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...