Professional services firm, Deloitte, has indicated that the Monetary Policy Committee (MPC) of the Bank of Ghana is likely to maintain the status quo on its policy rate to tame inflation risks amid Ghana cedi gains and uncertainties. The MPC kept the policy rate at 28% in May 2025, citingContinue Reading
Governor of the Bank of Ghana, Dr. Johnson Asiama, says consumers can expect a gradual reduction in the prices of goods and services. This is because, the recent appreciation of the cedi will soon begin to filter through the economy. Speaking at a press briefing following the Monetary Policy CommitteeContinue Reading
The upcoming Monetary Policy Committee (MPC) meeting occurs against a backdrop of encouraging developments for the Ghanaian economy. The recent appreciation of the Ghana Cedi against the major currencies especially the US Dollar, the notable dip in inflation from 22.4percent in March to 21.2percent in April, and the positive upgradeContinue Reading