57 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

4 d. ago Ghana Rolls Out Gold Coin to Anchor Savings and Curb Inflation

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-rolls-out-gold-coin-to-anchor-savings-and-curb-inflation/Ghana’s central bank has unveiled a pioneering financial instrument designed to stabilize personal wealth and bolster monetary policy. The newly launched Ghana Gold Coin (GGC), announced by First Deputy Governor Dr. Zakari Mumuni at London’s CNVERGE ’25 summit, offers investors a high-purity, tangible asset amid economic uncertainty. This move signals a strategic shift for the […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-rolls-out-gold-coin-to-anchor-savings-and-curb-inflation/

Economics

5 d. ago CIB Ghana leads national dialogue on monetary policy and banking reform

The Chartered Institute of Bankers, Ghana (CIB Ghana) has convened a high-level policy seminar under the theme “Monetary Policy in Action: How MPC Decisions Shape Ghana’s Economy and Financial Sector,” to examine the practical implications of monetary policy decisions on lending, inflation, and financial sector development. In his welcome address, Mr. Benjamin Amenumey, President of […]

Events

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 BoG Governor urges banks to rethink lending strategy after policy rate cut

The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has urged commercial banks to reassess their lending strategies in the wake of the central bank’s latest monetary policy decision aimed at revitalising the economy. Speaking at the Chartered Institute of Bankers Ghana’s post Monetary Policy Committee (MPC) roundtable discussion, Dr. Asiama said the […]

Events

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

3 w. ago Ghana’s monetary policy shows mixed trends, but interest rates decreasing – World Bank

Ghana’s monetary policy has shown mixed trends, with interest rates decreasing and private sector credit growth rebounding. The World Bank has revealed in its 2024 Country Policy and Institutional Assessment (CPIA) 2024. Similarly, the non-performing loan ratio has risen. The report indicated that the Ghanaian economy demonstrated resilience, with strong growth in real gross domestic […]

Events

3 w. ago Ghana’s economy seeing significant improvements – MPC says after emergency meeting

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) after its emergency meeting has announced that the economy has seen some significant improvements with a positive outlook. In statement released on Friday, July 18, 2025, after the meeting to determine whether current conditions warranted any immediate action ahead of the scheduled 125th MPC […]

Politics

3 w. ago Emergency MPC meeting will not result in new policy rate – BoG Governor

The Bank of Ghana Governor, Dr. Johnson Asiama has revealed that the Emergency Monetary Policy Committee meeting will not result in a new policy rate decision. “We will rather review some developments in the market, ahead of the actual meeting in the next 10 days,” the Governor added. According to him, “Many people thought that […]

Events

3 w. ago Be guided by steps to support ongoing recovery without compromising gains – Dr. Asiama tells MPC members

The Governor of the Bank of Ghana Dr. Johnson Asiama has charged members of the Monetary Policy Committee (MPC) to ensure that their decisions support the ongoing economic recovery process without compromising the gains achieved. Dr. Asiama noted that one of the key questions that should be under consideration is whether “current macroeconomic configuration permits […]

Politics

4 w. ago Use data from BoG to make cedi projections, not predictions from ‘Zamerama’ – Governor Asiama

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has appealed to the public to disregard projections and speculations bandied about by some black market forex traders, popularly called Zamerama. He warned that such speculative activities do not support the data published by the Bank of Ghana after its periodic Monetary Policy Committee […]

Politics

4 w. ago Use data from BoG to make cedi projections, not predictions from ‘Zabarma’ – Governor Asiama

The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has appealed to the public to disregard projections and speculations bandied about by some black market forex traders, popularly called Zamerama. He warned that such speculative activities do not support the data published by the Bank of Ghana after its periodic Monetary Policy Committee meetings.

Politics