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BoG cautiously stays policy rate at 17%

The Monetary Policy Committee (MPC) of the Bank of Ghana has decided against increasing the policy rate although it concedes that prevailing market conditions...

Maintain Policy rate at 17% despite price pressures from the fiscal...

According to provisional data from Ghana Statistical Service, GDP for the 1st quarter of 2018 was GH¢54,449.8 million, compared to GH¢46,640.1 million in 2017...

Use moral suasion to bring down interest rates – Prof. Dordunoo

The central bank needs to apply its moral suasion instrument to help bring down the rate at which commercial banks in the country lend...

BoG effects policy rate cut in less than 2-yrs

The Monetary Policy Committee (MPC) of the central bank has voted for the sixth time in under 18 months to reduce its policy rate,...

Policy rate cut could disturb banks – Economist

Despite inflation falling to single-digit in April, a first in five years, an economist at the University of Ghana, Dr. Laud Mensah, has said...

Your strength is in agric, invest in it – RMB Analyst

Ghana’s strength lies in agriculture, and therefore structures must be developed to support and fund the sector to grow the economy and create employment...

Banks can’t continue undermining business competitiveness – GNCCI

The President of the Ghana National Chamber of Commerce and Industry (GNCCI), Nana Appiagyei Dankawoso I, has called on commercial banks to reduce their...

Lending rates must come down — banks told

PEF advocates new formula Following the central bank’s better-than-expected reduction of its policy rate, analysts speaking to the B&FT have said it is time...

BOG cuts Policy by 200 basis points, reduced to 18%

Bank of Ghana (BOG) has today announced a reduction in its Monetary Policy Rate (MPR) by 200 basis points from the current 20% to...

Policy rate reaches 3-year low …will the banks respond this...

Although inflation rose from 10.3 percent in January to 10.6 percent in February, the Monetary Policy Committee (MPC) of the central bank has expressed...

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