Monetary policy
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...
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...
Bank of Baroda Best Place To Secure Credit – BOG APR
Bank of Baroda emerged as the best place to secure credit according to the latest Average Interest and Annual...
Capital Bank’s V12 Campaign Changes Narrative On Current and Savings Accounts
Capital Bank’s V12 Campaign is gathering momentum days after its launch as customers and prospective customers throng...
Put In Measures To Stabilize Inflation – Government Urged
Following the rise in inflation from 12.8% in March to 13% in April 2017, some economists have advised government to...
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...
Inflation Rises To 13% After Six Months’ Decline
The figure went up by 1.6 percent from the 12.8 percent recorded in March this year. According to the Ghana Statistical...
Ecobank Ghana Records 18% Increase In 2016 Revenue
Ecobank Ghana Limited has announced an increase in the bank’s total revenue of GHS1.2 billion for the year 2016,...
African Central Banks Urged To Work Towards Monetary Policy Credibility
The second deputy governor of the Bank of Ghana (BoG), Dr. Johnson P. Asiama, has charged African central banks to...
US Federal Reserve Keeps Key Lending Rate Unchanged
The US Federal Reserve on Wednesday made no change in the benchmark interest rate and downplayed recent weak economic...
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...
Australia Inflation Moves Back Into RBA Target Band
Australia's annual inflation rate has moved back into the central bank's target range for the first time in more than...
Banking Industry Average Base Rate Falls To 26.7 Per Cent
The banking industry average base rate as at the end of March stood at 26.7 per cent, data from the Bank of Ghana has...
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...
2017 Budget To Determine BoG’s Single Digit Inflation Target
The Ghana Statistical Service has told Citi Business News the Bank of Ghana’s single digit inflation target should be...
Yellen Warns Fed’s Independence Under Threat
The US central bank's shield from political interference is "under some threat" from Congress, a prospect that could...
FNB Forecasts 4.5% Economic Growth Lower Than Government’s Projection
First National Bank has said the Ghanaian economy is not likely to expand as much as the government expects, pegging...
Cedi Ends 1st Quarter At Depreciation Rate of 2.52%
Ghana's local currency, the Ghana cedi ended the first quarter of this year with a depreciation rate of 2.52 per cent...
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...