Bank of Ghana Cuts Policy Rate To 18%
The Monetary Policy Committee of Bank of Ghana has reduced the policy rate by 200 basis point, the bank announced ...
Tag: Money supply
Banks Facing Continuing Challenges
Research wing of Groupe Nduom (GN) conglomerate, GN Research, has stressed that reductions in the Monetary Policy Rate (MPR) will ...
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 banks. Whenever ...
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 the supply of ...
Domestic Borrowing Won’t Crowd Out Private Sector–Finance Ministry
Chief Director at the Ministry of Finance, Patrick Nomo, has indicated that government will source funds from the domestic market, ...
China Cuts Growth Goal, Puts Focus On Reform and ‘firewall’ Against Risks
China has cut its growth target this year as the world's second-largest economy pushes through painful reforms to address a ...
Checking the Pulse of the Economy
If the economy worked like the more recent quartz watch which functions electronically, then predictions of future events of growth ...
BoG Sells GH¢93.3bn Worth of Bills To Mop Up Excess Liquidity
The Bank of Ghana (BoG) has doubled up on its open market operations (OMO) over the last 10 months, in ...