Bank of Ghana slashes further 100bp from policy rate

Bank of Ghana
The Bank of Ghana
Natsubee

The Bank of Ghana has cut a further 100 basis points from its policy rate, adding to a lengthy easing cycle that began in 2016.

The monetary policy committee chose to cut rates to 16%, adding to two reductions made in 2018 and several more over the preceding years. The policy rate has come down from 26% in 2016.

The decision reflects the improving inflation outlook in Ghana. Inflation was 15.4% at the end of 2016, but it has subsided to reach 9.4% at the end of 2018, within the target band of

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: