Tag: Monetary Policy Committee

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased policy rate by 100 basis points from the initial 27 per cent to 28 per cent. In ...

The Monetary Policy Committee(MPC) of the Bank of Ghana (BoG) has scheduled its 110th meeting to commence today, Tuesday, January 24, 2023. The Meeting will be chaired by the Governor ...

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has decided to increase the Monetary Policy Rate by 250 basis points to 24.5 percent. According to the Committee, ...

Euro zone inflation hit a new record high in December, raising more questions about the European Central Bank’s monetary policy. Preliminary data released on Friday, January 7, 2022 showed that ...

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has decided to play safe by maintaining its policy rate, the rate at which it lends to commercial banks, ...

Banks’ subscription of government's domestic debt instruments is on the rise as they are attracted to the high yields on these debt instruments. In the wake of the pandemic, businesses ...

The Bank of Ghana will keep its policy rate; the interest rate at which the Bank lends to commercial banks, on hold this week to check rising inflation, analyst indicates. ...

The Central Bank of Nigeria is projected to increase its policy rate by 100 basis points from 11.50% to 12.50% in the next half of 2021, Fitch Solutions says. The ...

The average lending rate of Ghanaian banks went up marginally to 21.02% in February 2021, up from 20.97% in January 2021.  This signifies that the cost of borrowing increased in ...

The Bank of Ghana has projected headline inflation to return to the target band in the second quarter of the year.  The Bank, however, indicated that the risks to inflation ...