Mr Pierre-Olivier Gourinchas, the IMF’s Chief Economist, said global headline inflation, which peaked at 9.4% in the third quarter of 2022, is expected to drop to 3.5% by the end …
Inflation
-
-
Economy and FinanceNews
Fitch pegs unemployment rate at 4% for the next 3years ahead.
by Adnan Adamsby Adnan AdamsUnemployment conditions in Ghana has been on steady rise since 2017 and is anticipated to continue along this trajectory in the medium term and beyond.
-
Features
Housing is one reason not all countries feel same pinch of higher interest rates – IMF Researchers
by Adnan Adamsby Adnan AdamsTo assess how key housing characteristics impact the effects of monetary policy on activity, our research leverages new data on housing and mortgage markets compiled across countries: we find that …
-
Economy and FinanceNews
World Bank touts Ghana’s inflation fight mechanism .
by Adnan Adamsby Adnan Adams“This contributed to pursuing tight monetary policy, raising reserve ratios, and implementing a fiscal reform program that helped to reduce year- on-year inflation from 54 percent in December 2022 to …
-
Economy and FinanceNews
GUTA is complicit in inflation hikes..PNP discloses plans to dissolve it if elected.
by Adnan Adamsby Adnan AdamsGUTA and its members have been abusing the free market economy to increase prices, contributing significantly to the inflation we are now experiencing in Ghana.
-
Economy and FinanceLifestyleNews
Cedi to end year at GH¢15.91 to a dollar.. as IC Sec. revises it forecast.
by Adnan Adamsby Adnan AdamsIC Securities expects the exchange rate to rise to GH¢15.91/US$ by the end of 2024.
-
Economy and FinanceFeaturesNews
Inflation to end year at 17%… as BoG tightens monetary control.
by Adnan Adamsby Adnan AdamsApparently, the Central Bank MPC expects the disinflation process to continue, aiming for headline inflation to settle within the 13% to 17% range by the end of 2024.
-
Agric and EnvironmentEconomy and FinanceLifestyleNews
World Bank’s food price index eases; maize, wheat prices hit 3-year low.
by Adnan Adamsby Adnan AdamsThe decline in maize prices was attributed to competitively priced offers from the Black Sea region, larger production in major exporters, and favorable prospects for the next harvest, with global …
-
Economy and FinanceLifestyleNews
BoG tight monetary stance drops inflation
by Adnan Adamsby Adnan AdamsThe Central Bank claimed that, the sustained reduction in inflation since August 2023 can be credited to the proactive efforts and measures it took to address hyper inflationary and restore …
-
Economy and FinanceNewsPolitics
Debt restructuring unavoidable as liquidity challenges persist – Research
by Adnan Adamsby Adnan AdamsGhana is a country that is promising a lot but is always under-delivering; the government hasn’t been able to turn the economy around”, it said in its latest report on …