MPC maintains policy rate at 14.0% after 130th meeting

BoG tightens liquidity rules, holds policy rate at 14% as oil shock risks rise

By Joshua Worlasi AMLANU The Bank of Ghana has maintained its benchmark monetary policy rate at 14 percent while tightening banking sector liquidity rules, as policymakers seek to shield the economy from rising external inflation risks linked to escalating tensions in the Middle East. At the conclusion of the 130th Monetary Policy Committee (MPC) meeting, […] The post BoG

Policy rate at 14 percent: Middle East crisis is the elephant in the room – BoG Boss

The Governor of the Bank of Ghana, Johnson Pandit Asiamah, has defended the Monetary Policy Committee (MPC) ‘s decision to maintain the policy rate at 14 percent, insisting that lingering geopolitical tensions in the Middle East continue to pose serious risks to Ghana’s inflation outlook and economic stability. Responding to questions from journalists during the […]

Ghana Keeps Interest Rates at 14% to Fight Rising Inflation - Commonwealth Union

Pragmatic stabilisation in the main West African economy. The geopolitical and macroeconomic landscape across Commonwealth African countries remains fluid as central banking authorities grapple with the task of adjusting fiscal policies to navigate the changing global shocks. Ghana’s monetary policy has become a talking point in West Africa following a long-anticipated move by its central bank. The Bank of Ghana’s latest Monetary Policy Committe…

Bank of Ghana maintains policy rate at 14%

The Bank of Ghana has maintained the policy rate at 14.0 per cent following the 130th Monetary Policy Committee (MPC) meeting held on May 20, 2026. The Central Bank said headline inflation rose marginally to 3.4 per cent in April 2026 from 3.2 per cent in March, marking the first increase since December 2024. According to the MPC, global economic conditions since March 2026 have been affected by ongoing geopolitical tensions in the Middle East. …

Bank of Ghana maintains policy rate at 14% as global tensions threaten inflation outlook

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MPC maintains policy rate at 14.0% after 130th meeting

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has kept the policy rate at 14.0 percent after the completion of its 130th meeting. According to the committee, its assessment of domestic and external risks to Ghana’s inflation, which is currently at 3.4 percent, revealed a broadly balanced situation. Announcing the decision in Accra, Governor of the Bank of Ghana, Dr. Johnson Asiama said the committee also considered recent gains …