The Monetary Policy Committee of Bank of Ghana has reduced the policy rate by 200 basis point, the bank announced on Monday. This means the rate at which the central bank lends to commercial banks...
Research wing of Groupe Nduom (GN) conglomerate, GN Research, has stressed that reductions in the Monetary Policy Rate (MPR) will continue to have marginal effect on commercial bank rates so far as...
Central Banks use monetary policy rates as the benchmark for charging interest on loans and advances to commercial banks. Whenever a commercial bank has a temporary shortage of funds it usually...
The Bank of Ghana (BoG)’s medium term inflation target could be attained should government tackle challenges facing the supply of critical services in the country. This is the position of...
Chief Director at the Ministry of Finance, Patrick Nomo, has indicated that government will source funds from the domestic market, but it will be done in a strategic manner that will not crowd out...
China has cut its growth target this year as the world's second-largest economy pushes through painful reforms to address a rapid build-up in debt, and erects a "firewall" against financial risks....
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...
The Bank of Ghana (BoG) has doubled up on its open market operations (OMO) over the last 10 months, in an attempt to mop up extra liquidity and drive down inflationary pressures. From GH¢4.8 billion...
