By Barry EICHENGREEN
For precisely three years, the economics profession has been collectively fixated on inflation. February 2021, exactly 36 months ago, was the last time consumer-price-index inflation in the United States (all items, 12-month percentage change) was at or below the Federal Reserve’s 2% target.
This recent episode of above-target...
By Joshua Worlasi AMLANU ([email protected])
Consumer inflation rose to 23.5 percent in January 2024, up from December’s 23.2 percent, signalling an end to the five-month-long disinflationary trend that commenced in August 2023.
Data from the Ghana Statistical Services (GSS) indicates a marginal 0.3 percent increase, raising concerns about the anticipated surge...
Momentum in the Treasury market persists, with investors displaying heightened interest in T-bills during the latest money market auction - submitting bids totalling GH¢6.96billion against a GH¢4.59billion target, as per auction results released by the Bank of Ghana.
This resulted in an impressive 52 percent oversubscription, representing the highest weekly...
Economist Dr. John Kwakye has urged political actors to own both the successes and failures of their policies and ensuing implementation, saying avoiding the responsibility for negative outcomes while claiming credit for the goodwill perpetuate the two-term cycle and truncate any meaningful attempts at long-term economic transformation.
He said this...
Former President John Dramani Mahama's 24-hour economy policy has the potential to bring about significant transformation. However, for this vision to become a reality, it must be accompanied by a 24-hour public transport policy.
Implementing a 24-hour public transport policy will revolutionise Ghana's public transportation system, enabling it to cater...
The first two months of 2024 have brought with them a decent level of activity in the domestic corporate bond market, with two notable issuances by Kasapreko, the indigenous beverage manufacturer, and Letshego, a financial services provider.
Data from the Ghana Stock Exchange (GSE) show that the former has successfully...
Dr. Mahamudu Bawumia, the Vice President of Ghana and the flagbearer of the New Patriotic Party (NPP), said in his 2024 New Year message to Ghanaians that the NPP government will continue to develop a modern and resilient economy driven by digitisation (Yirenkyi, 2024). Juxtaposing this statement with the...
The financial services sector plays a crucial role in the country’s economy, and its human capital is the driving force behind its success. Thus, the human resources function in the financial services sector plays a pivotal role in attracting, developing and retaining talents while ensuring compliance with evolving regulations.
Despite...
New orders down amid demand weakness
Employment ticks lower
Softer rise in output prices
The opening month of 2024 saw a renewed contraction in Ghana's private sector as demand faltered. Output, new orders, employment and purchasing all decreased during
January, while business confidence dropped sharply. Rates of inflation remained relatively...
