Professional services firm, Deloitte, is predicting a persistence reduction in interest rates in 2025 on the back of a sustained disinflationary trend. It is thus forecasting an end-year policy rate of 22.5% in 2025. This will come as a huge relief for households and businesses as cost of borrowing willContinue Reading
The International Monetary Fund (IMF) has urged the Bank of Ghana (BoG) to maintain a tight monetary policy stance given upside risks to inflation while doing more to advance the Fund’s advice on safeguards. According to the Fund, a tight policy stance, supported by robust liquidity absorption operations, is warrantedContinue Reading
The incoming NDC administration inherits a nation grappling with a multitude of economic challenges such as persistently high inflation, a weakened currency, rising public debt, and diminished public trust in financial institutions. Against this backdrop, the appointment of the next Governor of the Bank of Ghana is arguably one ofContinue Reading