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
-
COCOBOD Deputy CEO welcomes probe amid conflict of interest allegations
20 minutes -
152 bales of suspected cannabis intercepted in Western Region, three arrested
21 minutes -
Cats and dogs are family, not meat – ICS demands a total ban
29 minutes -
Gov’t may consider tax cut if revenue leakages are sealed – Deputy Finance Minister
37 minutes -
Devastating Zabzugu Market fire leaves traders with huge losses
38 minutes -
Samini’s ORIGIN8A surges to no. 1 on Ghana Shazam chart, hits over 1 million streams on Audiomack
60 minutes -
Chad shuts border with Sudan after cross-border incursion kills its troops
1 hour -
Poison in our cooking pots: study links Ghana’s aluminium cookware to lead exposure: A policy commentary
1 hour -
TCDA celebrates success of first Ghana Tree Crops Investments Summit with Thanksgiving Service
1 hour -
Richmond Eduku: Unlike before, Central Bank’s financing of government’s deficit has been curtailed
1 hour -
Support youth to venture into farming – Gov’t urged
1 hour -
Nsarkoh criticises NPP, NDC over inequality and galamsey failures
2 hours -
KATH Orthopaedic Unit raises alarm over surge in road accident cases
2 hours -
Joseph Abaa Akaseke: Bongo DCE dies after short illness
2 hours -
Poor storage, expensive seeds driving Ghana’s tomato shortages and glut – PFAG
2 hours