Ghana under pressure from Fed hikes – governor Addison

ghana-flag

The monetary policy committee of the Bank of Ghana has left interest rates on hold this month, citing short-term pressure on emerging economies.

Ernest Addison, governor of the central bank, says the impact of policy normalisation in the US – resulting in a strengthened dollar and higher US yields – has continued to put pressure on emerging market assets.

“Global conditions are characterised by geopolitical tensions and uncertainties in the external environment,” Addison says. “There are also

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: