Audio By Carbonatix
The Monetary Policy Committee of the Bank of Ghana is expected to announce a new policy rate today.
This was after it met last week to review the health of the economy.
The committee at its last meeting reduced the rate by 100 basis points to 20 percent, the lowest since September 2014.
Today’s announcement will be the first for this year and it is expected to affect interest rates charged by banks on their loans given to customers.
Ahead of this announcement, some analysts are predicting the committee would hold the rate at 20 percent.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
“The Darkest Chapter”: Latif Abubakar’s 21st production brings President Mahama’s UN reckoning to the National Theatre stage
2 minutes -
Teacher, three others investigated over alleged kidnapping of suspected MoMo fraudster in Kumasi
3 minutes -
Afenyo-Markin mourns Bernice Offei, describes her songs as ‘sermons set to music’
3 minutes -
Don’t just learn AI tools, use them to improve productivity – ALX Enterprise
10 minutes -
Free rabies vaccination campaign targets 25,000 dogs and cats nationwide
16 minutes -
Ghana needs a system to track child protection funding to where risks are highest – ARK Foundation
19 minutes -
AI may not replace humans, but workers who fail to adapt could lose jobs – ALX Enterprise
21 minutes -
Gideon Boako: Bretton Woods is fraying; Ghana has built a bridge
22 minutes -
Ghana’s child protection system failing children despite laws and policies – ARK Foundation
23 minutes -
‘Future of Black Queens is safe for many years’ – Black Princesses boss Charles Sampson
26 minutes -
Titus Glover questions Laboma Beach demolition, proposes widening Kpeshie Lagoon outlet
26 minutes -
NACOC arrests 3 suspects linked to Dutch fugitive drug kingpin
48 minutes -
Workers must complement AI skills with professional expertise to remain relevant – ALX Enterprise
60 minutes -
Companies that delay AI adoption risk losing market opportunities – ALX Enterprise
1 hour -
‘The future is bright’ – Gyan backs Black Princesses squad after U-20 World Cup exit
1 hour