Asian shares rose on Thursday as investors were encouraged by President Donald Trump's measured tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets...
Businesses in some parts of the country, while generally upbeat, are concerned about the uncertainty surrounding the impending policies of US President Donald Trump, the Federal Reserve said...
Banks are paying an average of 11.9 per cent per annum as interest on deposits but charging their borrowers an average of 33.4 per cent as nominal interest on loans annually, data from the Bank of...
Financial analysts have tipped the stock market to continue its strong recovery on the back of an expected increase in activity on the pension funds market. Benjamin Amoah-Adjei, a financial research...
Federal Reserve officials have said they may need to raise interest rates "fairly soon" if the economy stays strong, minutes of their meeting show. The first meeting of the Fed since Donald Trump...
Federal Reserve officials said their outlook for the economy and interest rates had not changed much since December 2016, when they indicated three rate hikes were likely in 2017 US central bankers...
The Trades Union Congress (TUC) has welcomed the NPP government’s honouring an agreement on the 12.5% increase in salaries for public sector workers on the Single Spine Salary Structure (SSSS) for...
Economist Courage Kinsley Martey assessed that access to credit in the economy will continue to be a challenge, for the private sector and the business community. The Bank of Ghana released its...
The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks. The...
Chinese banks lent more money in January alone than the annual GDP of South Africa, as borrowers rushed to take advantage of government policies intended to stimulate the economy with easy credit....
Commercial banks across the country are confident of meeting the new minimum capital requirement yet to be set by the Bank of Ghana (BoG). The BOG last year disclosed that it will give commercial...
Inflation will continue to fall in Ghana in 2017, following several years of extraordinarily high price growth, Fitch has predicted. According to the ratings agency, “having peaked at 19.2 percent...
Private sector businesses have strongly advocated an optimal inflation target to guide economic policies that support private sector growth. They argue that the current drop in inflation while other...
Ghana’s inflation for the first month of 2017, January recorded 13.3 percent. The figure dropped by 2.8 percent from the 15.4 percent recorded in December 2016. Ghana started 2016 with an...
IT has emerged that the performance of the Ghana Petroleum Funds’ portfolios declined in the second of 2016. In an era where Ghana paid between eight and 10.75% interest on Eurobonds, it is...
Possible changes in fiscal policy by US President Donald Trump are among the factors adding "uncertainty" to the economic outlook, Federal Reserve Chair Janet Yellen said Tuesday. She cautioned that...
The current falling Treasury bill rates will not reflect a drop in the cost of credit in Ghana, Ecobank Research has stated in its latest analysis of the Ghanaian economy. According to the report, it...
Wall Street's top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the U. S. central bank being pressed into a more aggressive pace of monetary policy...
If the economy worked like the more recent quartz watch which functions electronically, then predictions of future events of growth will be more accurate than it currently is. As it stands, the...
Ken Ofori Atta to collaborate with the central bank to map up policies to increase revenue. Finance Minister Ken Ofori-Atta has been urged to tackle corruption in the financial sector to spur...
