BoG Reduces Policy Rate To 25.5%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced the policy rate by 50 basis point ...
Tag: Monetary Policy Committee
Financial Observers Expect A Reduction Today
There is growing expectation on the Bank of Ghana (BoG) to announce a reduction in the policy rate as the ...
Terkper Hopes For Drop In Policy Rate
The Finance Minister, Mr Seth Terkper, expects the stability in the fiscal side of the economy to provide comfort to ...
Time To Reduce Policy Rate Now
The business community, backed by some economists have intensified renewed calls for the central back to strongly consider cutting its ...
MPC To Announce Policy Rate Next Monday
The Monetary Policy Committee (MPC) of the Bank of Ghana will next week Monday, announce its policy rate for commercial ...
Astronomical Interest Rates, Killer of Businesses
One and five Ghana cedis notes. File photo. “Well, I do not think I will be able to go for ...
Carney ‘tremendous’ As BoE Chief, Says Business Secretary
Mr Carney has been attacked for his warnings,made before the referendum on European Union membership Mr Carney took over as ...
Of Mutum Banza And Incompetent President
Some equalizations border on absurdity if not sheer stupidity. Anytime I hear Koku Anyidoho making unsavory comments and casting aspersion ...
Banks To Raise Cost of Lending
Cost of borrowing is expected to go up in the coming months as some commercial banks are planning to adjust ...
Stubborn Inflation Perforates BoG’s Defenses
Attempts by the central bank to hem in inflation continue to yield less than satisfactory results, as a 0.3percent rise ...
Mahama Goofed On Cedi Redenomination Claims – Kweku Baako
President John Dramani Mahama erred in his claim that no Ghanaian knows the cost of the redenomination of the cedi ...
Amend New BoG Act
Barely two months after parliament passed the Bank of Ghana (BoG) Amendment Bill, the International Monetary Fund (IMF) has punched ...
Pressure Mounts On BoG To Cut Rates
Ghana’s headline inflation is likely to slow further downwards raising prospects of a series of interest rate cuts as the ...
Banks Can’t Absorb US$1.8billion Cocoa Loan Inflow
Banks have admitted their inability to take the entire US$1.8 cocoa loan at once, an admission that supports moves by ...
Banks Squeeze Credit To Private Sector
Availability and ease of access to credit remains a huge challenge for the private sector. Latest data from the Bank ...
BoG Governor Backs Gov’t Claim of Economic Turnaround
Governor of the Bank of Ghana (BoG), Abdul Nashiru Issahaku, has corroborated government’s claim that the economy is turning around. ...
BoG Waters Down Fears of Election-Linked Inflation
The Monetary Policy Committee (MPC) of the central bank has said it is undisturbed by perceived inflationary pressures which the ...
BoG Maintains Policy Rate At 26%
The chairman of the Monetary Policy Committee of the Bank of Ghana (BoG), Dr. Abdul-Nashiru Issahaku, has expressed worry over ...
Policy Rate Remains Unchanged At 26%
The Monetary Policy Committee of the Bank of Ghana has once again maintained its policy rate at 26 percent. This ...
MPC Announces Policy Rate Today
The Monetary Policy Committee (MPC) of the Bank of Ghana is expected to announce a new policy rate today, Monday ...