Yellen Warns Fed’s Independence Under Threat
The US central bank's shield from political interference is "under some threat" from Congress, a prospect that could erode progress ...
Tag: Inflation
FNB Forecasts 4.5% Economic Growth Lower Than Government’s Projection
First National Bank has said the Ghanaian economy is not likely to expand as much as the government expects, pegging ...
Policy Rate To Drop Further
Ghana’s Central Bank could slash further its benchmark interest rate to as low as 17.50 per cent by the end ...
India’s Central Bank Holds Rates At 6.25 Percent
India's central bank held interest rates on Thursday, in line with analysts' expectations, citing inflationary pressures from an imminent tax ...
Key US Inflation Measure Hits Fresh 4-Year Record
The US Federal Reserve's preferred measure of inflation continued its upward rise in February, beating a four-year record set the ...
Gov’t Commends Dr. Nasir Issahaku
The Ministry of Finance (MoFEP) has commended Dr. Abdul-Nashiru Issahaku for his stewardship of the Central Bank from April 2016 ...
Eurozone Inflation Slows In March
Inflation in the eurozone slowed dramatically in March, according to official estimates. Eurostat said its initial estimate found inflation slowed ...
German Inflation Dropping In March
Inflation in Europe's largest economy Germany has fallen back sharply over the past four weeks, after overshooting the European Central ...
Governor’s Open Declaration For NDC Influenced His Exit
The Minister for Monitoring and Evaluation, Dr. Anthony Akoto Osei has told Citi Business News the Bank of Ghana Governor’s ...
BOG Governor Resigns
The Central Bank Governor, Dr Abdul Nashiru Issahaku has resigned. Citi Business News has gathered his resignation takes effect from ...
BoG Governor Dr. Issahaku Resigns
Citi Business News has gathered his resignation takes effect from the 1st of April, 2017. It’s unclear what led to his ...
Banks Pressured To Reduce Interest On Loans As Policy Rate Drops
Stakeholders and industry players have impressed on banks to ensure quick implementation of the reduction in the policy rate to ...
Don’t Expect Banks To Cut Interest Rates With BoG Policy Rate Cut
Two analysts have applauded the Bank of Ghana for recording the biggest drop in the policy rate in nearly 10 ...
Bankers Initiate Moves To Cut Interest Rates For Customers
Some banks have given indication of cutting their interest rates to reflect the reduction in the policy rate by the ...
Policy Rate Cut Not Interest Rate Panacea
The Chief Executive Officer of the Private Enterprise Federation (PEF), Nana Osei Bonsu, has indicated that the recent policy rate ...
BoG Reduces Policy Rate To 23.5%
Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has significantly reduced its key lending to commercial banks, the biggest cut in ...
Ghana’s Public Debt Hits 72.5% of GDP
Ghana’s public debt has hit GH¢ 122.3billion representing 72.5% of GDP at the end of February 2017, according to the ...
The Invisible Hand of Government In Cedi Depreciation
By Jerry. J.Afolabi As the normal principle of economics says, when a domestic currency depreciates it makes the prices of ...
Ghana’s Monetary Policy Rate Pegged At 23.5%
The Bank of Ghana has fixed the country’s monetary policy rate at 23.5 per cent, indicating a 200 basis point ...
BoG Reduces Policy Rate To 23.5%
The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a ...