56 h. ago Ghana’s Central Bank Eyes Further Rate Cut as Inflation Eases

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-eyes-further-rate-cut-as-inflation-eases/Ghana’s disinflation trend has strengthened the case for another policy rate reduction when the Bank of Ghana’s Monetary Policy Committee (MPC) meets in September. July’s headline inflation fell to 12.1% a near four-year low satisfying the MPC’s precondition for additional easing after July’s 300-basis-point cut to 25%. Most committee members had signaled willingness to lower […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghanas-central-bank-eyes-further-rate-cut-as-inflation-eases/

Politics

5 d. ago Ghana Leaders Demand Policy Unity to Turn Rate Cuts into Real Growth

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-leaders-demand-policy-unity-to-turn-rate-cuts-into-real-growth/Top bankers, businesses, and the central bank are urging Ghana’s policymakers to forge stronger links between interest rate reductions and fiscal reforms. At a high-level forum in Accra, stakeholders agreed that the Bank of Ghana’s recent monetary easing while positive,won’t translate into broad economic gains without coordinated tax relief, infrastructure spending, and private-sector support. Hosted […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-leaders-demand-policy-unity-to-turn-rate-cuts-into-real-growth/

Politics

7 d. ago Ghana Central Bank Slashes Policy Rate in Surprise Move Amid Economic Shifts

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-central-bank-slashes-policy-rate-in-surprise-move-amid-economic-shifts/The Bank of Ghana has cut its benchmark Monetary Policy Rate by 300 basis points to 25%, defying market expectations in a decisive shift toward stimulating growth. Five of six Monetary Policy Committee members backed the aggressive reduction, citing plunging inflation (13.7% in June from 23.8% in December 2024), a 40.7% year-to-date cedi surge, and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-central-bank-slashes-policy-rate-in-surprise-move-amid-economic-shifts/

Events

7 d. ago Ghana Central Bank Slashes Policy Rate to 25% in Major Easing Move

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-central-bank-slashes-policy-rate-to-25-in-major-easing-move/Ghana’s Monetary Policy Committee has cut its benchmark interest rate by 300 basis points to 25%, delivering its most aggressive reduction since 2025’s disinflation trend began. The decision, reached by majority vote during July 28-30 meetings, signals the Bank of Ghana’s intensified focus on stimulating economic growth while maintaining price stability. This marks the ninth […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-central-bank-slashes-policy-rate-to-25-in-major-easing-move/

Politics

8 d. ago Ghana Vehicle Price Relief Expected Gradually After Rate Cut

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-vehicle-price-relief-expected-gradually-after-rate-cut/The Automobile Dealers Union of Ghana (ADUG) has welcomed the Bank of Ghana’s reduction of its policy rate from 28% to 25%, calling it a strategic move that could eventually lower vehicle prices and boost business confidence. In a statement, the union praised the central bank and government for their commitment to easing borrowing costs […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-vehicle-price-relief-expected-gradually-after-rate-cut/

Politics

9 d. ago Economist Doubts BoG Rate Cut Will Meaningfully Reduce Lending Costs

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/economist-doubts-bog-rate-cut-will-meaningfully-reduce-lending-costs/Economist Professor Patrick Asuming cautions that the Bank of Ghana’s recent 300-basis-point policy rate cut to 25% is unlikely to trigger substantial reductions in commercial lending rates, citing persistent banking-sector vulnerabilities. While the central bank’s bold monetary easing aims to stimulate recovery amid improving inflation and growth indicators, Professor Asuming notes high non-performing loans and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/economist-doubts-bog-rate-cut-will-meaningfully-reduce-lending-costs/

Politics

9 d. ago Ghana Policy Rate Cut Signals Potential Loan Relief Amid Economic Shifts

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-policy-rate-cut-signals-potential-loan-relief-amid-economic-shifts/The Bank of Ghana’s 300-basis-point reduction of the Monetary Policy Rate (MPR) to 25% signals potential relief for borrowers, though its real-world impact hinges on complex financial linkages. Analysts confirm the cut—driven by falling inflation (13.7% in June, nearing the 11.9% year-end target)—should gradually lower borrowing costs, but caution that transmission faces delays due to […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-policy-rate-cut-signals-potential-loan-relief-amid-economic-shifts/

Economics

9 d. ago Ghana Central Bank’s Rate Cut Splits Economists on Inflation Risks

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/a-bold-move-or-premature-gamble-economists-divided-over-reduction-in-policy-rate/The Bank of Ghana’s surprise 300-basis-point policy rate reduction from 28% to 25% has divided economists, with some hailing it as a growth catalyst and others warning it risks undermining inflation progress. Business groups including GUTA and GNCCI applauded the cut, anticipating lower borrowing costs for struggling enterprises. Dr. Paul Appiah-Konadu of Pentecost University endorsed […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/a-bold-move-or-premature-gamble-economists-divided-over-reduction-in-policy-rate/

Politics

1 week ago Lending rates to fall from August 6, 2025 – Ghana Association of Banks CEO

The Chief Executive of the Ghana Association of Banks (GAB), John Awuah, is projecting a reduction in interest rates on loans from August 6, 2025. According to him, this is due to the 300 basis points cut in the policy rate by the Bank of Ghana to 25%. Mr. Awuah disclosed this in an interview […]

Politics