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Daily: 0.30p | Weekly: GHS 2 | Monthly: GHs 9
Mpc
Inflation to increase marginally to 21.6% in October 2024
NPL ratio of banks increased to 24.3% in August 2024
Ghana’s Gross Reserves hits 3.4 months of import cover; Trade surplus surges to $2.78bn in August 2024
Average lending rates fall consistently from January 2024 to 30.71% in July
There is some uncertainty regarding inflation path for year – BoG
Business confidence dipped due to rapid exchange rate depreciation in May 2024 – BoG report
Inflation to fall to 21% in May 2024, end year at 17% – Report
New Cash Reserve Ratio could impact negatively on loans, banking – Report
BoG maintains policy rate at 29%; cost of borrowing will remain relatively unchanged
BoG’s 1% rate cut is a big joke – Togbe Afede XIV
Policy rate could have been deeper but for risks to inflation – Report
Consumer and business sentiments rebound – BoG
Monetary Policy Committee cuts policy rate to 29.0%
Businesses are suffering, reduce policy rate to support them – GNCCI to BoG
MPC begins 116th meeting to review developments in economy
Policy rate to remain high until latter part of 2024 – Report
Ghana’s inflation on course to outperform IMF’s target for end-2023 – Report
Monetary policy rate to peak by March 2024 – GCB Capital
Real returns on T-bills, others negative – Report
MPC keeps policy rate at 30%
MPC to hold policy rate at 30% in next meeting
Inflation will not subside without further monetary policy tightening – Report
BoG hikes policy rate by 50 basis points to 30%
MPC to hold policy rate steady at 29.50%; lending rates to remain unchanged
Average lending rates shoot up marginally to 36.64% – BoG
MPC begins 111th meeting to review developments in economy; policy rate to remain steady
Fiscal measures to help restore debt sustainability, cut inflation, stabilise cedi – MPC
Policy rate to go up again – Bloomberg
Fiscal policy must complement monetary policy for growth to occur – Dr. Asuming
MPC likely to hike policy rate to control inflation – Economist
BoG to hold 2023 first MPC meeting later in January 2023
Loans to become more expensive as BoG hikes policy rate to 24.5%
BoG postpones quarterly MPC briefings over IMF team visit today
BoG funded 78% of ¢28bn government financing need; economic challenges largely fiscal – US based Economist
BoG increases policy rate to 22%; cost of borrowing to shoot up significantly
Policy Rate kept unchanged at 19%; cost of borrowing to remain relatively same
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