BoG likely to maintain cautious, data-dependent monetary policy stance

In its analysis of Ghana’s policy rate, the professional services firm, however, said gold and cocoa exports should support the external sector, although reserves and the cedi remain exposed to energy payments and global volatility.“A high-interest-rate environment attracts FPIs, which will contribute to an accretion of the external reserves”.0%, citing headline inflation projected to rise gradually into the target band, saying, Potential upward adjustments in utility tariffs, together with escalating geopolitical tensions in the Middle East and the associated increase in crude oil prices, present upside risks to the inflation outlook.