Ghana news briefing
BoG Governor rules out immediate cut in Ghana’s inflation target
The Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has ruled out any immediate reduction in the country’s inflation target, cautioning that the recent improvement in price stability may be too early to declare permanent.
His comments come amid improving macroeconomic conditions, with inflation now below the lower bound of the Bank’s medium-term target band and the cedi showing renewed resilience.
Speaking at the 2026 CEOs Connect organised by the Canada Ghana Chamber of Commerce, Dr Asiama said some investors had questioned why the Bank had not lowered its current 8% inflation target, with a tolerance band of plus or minus 2 percentage points.
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