Tag: Policy Rate Hike

BoG Eyes Tough Decisions as It Warns Inflation Could Breach 10% Target

by Maynard Champion

June 3, 2026

The Bank of Ghana (BoG) is facing a critical policy dilemma as fresh projections indicate that inflation could rise above 10 percent by the end of 2026 if global crude ...

Ghana’s Banking Sector Showing Strong Recovery Signs- BoG

BoG Seeks to Re-anchor Disinflation Process with Policy Rate Hike to 28%

by Maynard Champion

March 29, 2025

The Bank of Ghana (BoG) has raised its policy rate by 100 basis points to 28% as part of efforts to re-anchor the disinflation process and maintain economic stability. This ...