Tag: monetary policy rate

The Monetary Policy Committee of the Bank of Ghana has announced a hike in the policy rate by 150 basis points to 29.5 percent from an earlier 28 percent announced ...

Bank of England (BoE), like the Bank of Ghana(BoG) is pursuing further monetary policy tightening to tame the double-digit inflation fueling a cost-of-living crisis, public-sector strikes and fears of recession. As a ...

Emphasizing on the effects of the high monetary policy rate and inflation on banks and the economy at large, Professor Lord Mensah, a lecturer at University of Ghana, has advised ...

Professor Lord Mensah, a lecturer at University of Ghana, has advised the government of Ghana to stop depending on Monetary Policy Rate (MPR) alone in fighting inflation inflation, but look ...

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 Minority in Parliament has requested the Governor of Bank of Ghana to assert his independence and credibility or immediately resign. According to the minority, most of Bank of Ghana’s ...

President of the Ghana Union Traders Association (GUTA), Dr Joseph Obeng, has called on government to assure the business community of value for money following its announcement of measures to ...

The Bank of Ghana (BoG) has disclosed that Ghanaian banks expect lending rates to decline over the next six-months from August 2021, thus, between September 2021 and February 2022, in ...

The Chief Executive Officer (CEO) of the Ghana Association of Bankers, John Awuah, has revealed that banks don’t make money from higher interest rate. However, he indicated that banks receive ...

Increasing appetite of Banks for government debt holdings continue to affect credit to the private sector. This means that the financial sector finds it suitable to invest into government securities ...