Bank of Ghana Maintains Policy Rate at 14% Amid Inflation Concerns
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The Bank of Ghana says its decision to maintain the Monetary Policy Rate at 14% is aimed at safeguarding recent macroeconomic gains and anchoring inflation expectations amid renewed inflationary pressures and heightened external risks.
The Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, explained that the Central Bank remains vigilant and ready to deploy appropriate policy tools to preserve price stability and sustain Ghana's ongoing macroeconomic recovery.
According to the Bank, the decision reflects its commitment to balancing economic growth with inflation control while responding to emerging domestic and global economic challenges.
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