By Adnan Adams Mohammed Ghana’s broader macroeconomic framework is exhibiting signs of steady monetary direction, even as persistent banking sector risks and rising construction material costs create localized inflationary …
Monetary Policy Rate (MPR)
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Business, Small BusinessEconomy and FinanceNews
Ghana’s economy navigates inflation easing and structural debt
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Ghana’s macroeconomic landscape reflects a delicate transition from emergency fiscal stabilization to long-term structural recalibration. Following a turbulent period marked by comprehensive sovereign debt restructurings, …
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Business, Small BusinessEconomy and FinanceNews
BoG amends Cash Reserve Ratio to mop up GH¢16bn …and shield Cedi from market pressures
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed In a decisive regulatory intervention designed to insulate the domestic currency from building macroeconomic shocks, the Bank of Ghana (BoG) is adjusting its Cash Reserve Ratio …
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Business, Small BusinessEconomy and FinanceNews
BoG’s dynamic CRR is a liquidity management upgrade
by Adnan Adamsby Adnan AdamsThe decision by the Bank of Ghana as announced last week, to introduce a 20 percent dynamic Cash Reserve Ratio (CRR) framework for commercial banks marks one of the most …
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Economy and Finance
Lending, deposit rates to remain unchanged …as BoG maintains 14% policy rate for next 2 months
by Adnan Adamsby Adnan AdamsBy Toma Imirhe The Bank of Ghana has put its aggressive monetary easing cycle on hold, with its Monetary Policy Committee (MPC) deciding last week to maintain the benchmark Monetary …
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Economy and Finance
Bank lending rates fall in response to latest BoG benchmark interest rate cut
by Adnan Adamsby Adnan AdamsBy Toma Imirhe Following the latest cut by the Bank of Ghana’s Monetary Policy Committee (MPC) to its benchmark Monetary Policy Rate (MPR) which it trimmed it by 250 basis …
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Economy and Finance
GNCCI Applauds BoG’s Bold Rate Cut …presses banks to follow suit
by Adnan Adamsby Adnan AdamsThe Ghana National Chamber of Commerce and Industry (GNCCI) has thrown its support behind the Bank of Ghana’s (BoG) decision to slash the Monetary Policy Rate from 18% to 15.5% …
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Economy and Finance
Businesses, households await banks response to latest 250 bps Policy Rate cut
by Adnan Adamsby Adnan AdamsBy Toma Imirhe The Bank of Ghana again shook up financial markets last week with a 250 basis point reduction in its Monetary Policy Rate (MPR) to 15.5%, the lowest …
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Economy and Finance
BoG slashes policy rate to 15.5% as inflation plummets
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed In a bold move signaling high confidence in the country’s macroeconomic recovery, the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced the …
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Editorial
Time to look beyond monetary policy to economic restructuring
by Adnan Adamsby Adnan AdamsThis week, the Bank of Ghana’s Monetary Policy Committee will meet for the first time this year, and their deliberations will culminate in a decision on where the central bank’s …