Policy rate of 14% between May and September 2026 was meant to preserve economic stability – BoG Governor
The Bank of Ghana Governor, Dr. Johnson Asiama, has strongly defended the decision by the Monetary Policy Committee to hold the policy rate at 14% between May and September 2026. According to him, the Committee’s action is to preserve economic stability despite unfavourable external conditions, including rising global oil prices and domestic price pressures. The […]