Audio By Carbonatix
Members of the Monetary Policy Committee of the Bank of Ghana will this morning begin meeting to review the health of the economy.
The committee chaired by the Governor will be deliberating on some developments that have taken place in the economy since it last met in February.
However with inflationary outlook of under ten percent and with petroleum and other commodity prices likely to shoot up, analysts are of the view the Bank of Ghana may maintain the policy rate or possibly reduce it marginally.
The Central Bank at its last meeting maintained its benchmark lending rate at 13.5 percent.
Source: Joy Business/Ghana
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
-
‘Fresh evidence means more loot’ – Martin Kpebu reacts to re-arrest of former NAFCO boss and wife
2 hours -
Zain Sulleyman declares bid for Volta NPP Communication Officer role, promises ‘paradigm shift’ in strategy
2 hours -
BoG critics seeking Ghana’s doom – Sefwi MP
2 hours -
Boko Haram kills 23 soldiers in deadly Lake Chad military base raid
2 hours -
Jeffrey Nortey lands brand ambassadorial deal with Robert and Sons Ltd.
3 hours -
Carbon dioxide levels in some hospital wards are above acceptable limits – Prof. Amankwaa
3 hours -
NPP Frankfurt Chapter launches move to improve party’s 2028 communication strategy
3 hours -
ADR Centre, Judicial Service deepen partnership to strengthen dispute resolution in Ghana
3 hours -
Judicial Service to recruit more professional mediators to expand court-connected ADR programme
3 hours -
GNAT demands probe into alleged assault on teachers by soldiers
3 hours -
Video: The abandoned but completed and fully-equipped Children’s Specialist Hospital at Weija
3 hours -
CEO of MobileMoney Ltd joins MoMAG to celebrate May Day with sports and solidarity
3 hours -
UniMAC leads national conversation on World Press Freedom Day in Ghana
3 hours -
Allied Health professionals object to withdrawal of Korle Bu Laboratory head’s appointment
3 hours -
Health Ministry rolls out National Health Compact to strengthen healthcare system
4 hours