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Bank of Ghana continues to keep policy rate at 14%

By GhanaSummary Newsroom1 min read
Bank of Ghana continues to keep policy rate at 14%

“The Committee judges that the current policy stance remains appropriate to guide inflation into the medium-term target band while allowing time to assess the evolving geopolitical developments and their potential impact on the domestic economy,” he said.

Dr Johnson Asiama The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the monetary policy rate at 14 per cent for the second consecutive meeting this year.

On the domestic economy, Dr Asiama said the Committee observed robust first-quarter Gross Domestic Product (GDP) growth and stronger economic activity.

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