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: Inflation
Inflation Drops By 1.5% To 10.3% In January
Inflation rate for January 2018 dropped by 1.5% from the 11.8% recorded in December last year to was 10.3%. Acting ...
US Manufacturing Activity Slows In July
US manufacturing activity continued to expand in July but at a slightly slower pace than in June, with declines in ...
Economist Hopeful of Banks’ Response
Some economists are predicting that commercial banks across the country will soon reduce their interest rates. Figures from the Bank ...
Producer Price Inflation Drops To 3.6% In June
This represents a 1.1 percent drop from the 3.7 percent recorded in May 2017. The PPI measures the average change ...
US Federal Reserve Keeps Benchmark Interest Rate Unchanged
The US Federal Reserve kept its benchmark interest rate unchanged on Wednesday but gave no clear signal about the chances ...
US Fed To Meet Amid Weak Inflation
The US Federal Reserve was due to open a two-day monetary policy meeting on Tuesday but is widely expected to ...
Policy Rate Down To 21%
Monetary Policy Committee of the Bank of Ghana (BoG) has reduced the policy rate of June from 22.5 per cent ...
BoG Reduces Policy Rate By 150 Basis Points
The Bank of Ghana has reduced its policy rate to 21 percent. The figure represents a 150 basis points reduction ...
No-Show Inflation Poses Conundrum For US Fed
After tightening monetary policy last month for the second time this year, the US central bank is expected to pause ...
Midyear Outlook: 74% of Banks Fail To Match Reduction In MPR
A GN Research analysis of Bank of Ghana’s (BoG) annual percentage rates (apr) and average interest (ai) have shown that ...
University of Ghana Students Angry Over Increased Fees
There is growing disquiet among continuing students of the University of Ghana over the rise in their fees for the ...
US Inflation Flat In June While Retail Sales Sink
Cheap energy prices kept US inflation flat in June in another sign price pressures remain weak in the world's largest ...
IMF Approves Second Tranche of Egypt Loan
The International Monetary Fund has approved a second tranche of a $12 billion loan to Egypt, praising the country's tough ...
‘Challenging’ For US Economy To Grow By 3%
Federal Reserve Chair Janet Yellen warned Thursday that the Trump administration target of three percent growth will be "quite challenging" ...
Inflation Drops To 12.1%
Inflation has dropped again for the month of June from 12.6 per cent in May to 12.1 per cent. This ...
Asian Markets Rally With Wall St As Yellen Sparks Buying Spree
Asian markets surged on Thursday, extending a global rally that saw another record on Wall Street after the head of ...
US Sees ‘slight To Moderate’ Growth In June
The US economy saw "slight to moderate" growth in June while signs of mounting inflation remained scarce despite tight labor ...
US Economy Needs Only ‘gradual’ Rate Hikes
Federal Reserve Chair Janet Yellen on Wednesday said even as the US economy grows stronger and employment expands, she foresees ...
Retail Inflation In India Hits Record Low
Retail inflation in India hit a record low in June, according to government data released Wednesday, reflecting a slowdown in ...