We are concerned about inflation outlook when it comes to MPC decisions – BoG Governor

Johnson Asiama Bank of Ghana (BoG) Governor Dr Johnson Asiama has revealed that the Monetary Policy Committee (MPC) pays close attention to the inflation outlook when setting the policy rate.

The Governor made the remarks during the inaugural MPC Educational Observership Programme, which brings Economics and Business students from tertiary institutions closer to the central bank’s monetary policy process.“like some two months ago, I thought that we will ago ahead with the easing cycle, however fresh developments in the Middle East, should that end year inflation will be affected, hence the need hold the policy rate to try and check inflation raising further in the coming months,” he said.