Tag: policy rate
Business
Ghana’s policy rate to end at 27% by end of 2024 – Fitch Solutions
Fitch Solutions has projected that the Bank of Ghana (BoG) will lower its benchmark policy rate by 200 basis points to 27.00% by the...
Business
29% policy rate maintained by BoG following 119th meeting
The Monetary Policy Committee of the Bank of Ghana has opted to hold the policy rate steady at 29% after its 119th regular meeting.This...
Business
Such a joke! Togbe Afede XIV blasts BoG’s 1% policy rate cut
Recent reduction of the monetary policy rate by 1 percent by the Bank of Ghana (BoG) has been criticised by Togbe Afede XIV,...
Business
BoG reduces policy rate by 1% after intense pressure
The Monetary Policy Committee of the Bank of Ghana (BoG) has announced a reduction in its key lending rate from 30% to 29.0%.Chairman...
Business
Reduce policy rate to help struggling businesses boost production – BoG told
The Ghana National Chamber of Commerce and Industry (GNCCI) is advocating for a reduction in the policy rate to support business growth.The Monetary...
Business
Fitch Solutions projects 8% decline in BoG’s policy rate
Fitch Solutions has projected that the Bank of Ghana (BoG) will initiate a significant monetary easing cycle, resulting in a cumulative reduction of the...
Business
Policy rate remains unchanged at 30%
The Monetary Policy Committee of the Bank of Ghana (BoG) has chosen to maintain the key lending rate to commercial banks at its current...
Business
MPC to meet from Sept. 19 – 22 over policy rate
The Monetary Policy Committee (MPC) of the Bank of Ghana will hold its 114th Regular meeting from Tuesday, September 19, 2023, to Friday, September...
Business
Ghana’s policy rate hiked to 30% – BoG
The Monetary Policy Committee of the Bank of Ghana, as part of efforts to address the surging inflation, has raised its Policy Rate by...
Business
Ghana’s policy rate remains unchanged at 29.5%
The Bank of Ghana's Monetary Policy Committee (MPC) has decided to maintain the policy rate at 29.5%, marking the first time since July 2022...
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