Monetary Policy Update: Bank of Ghana increases policy rate to 14.5% in response to elevated inflationary risks
The monetary policy committee (MPC) of the Bank of Ghana (BoG) on November 22,2021 decided to increase the policy rate by 100 basis points to 14.5%. The decision at the just ended 103rd MPC meeting is the first monetary policy rate (MPR) increase since November 2015. In the MPC press release, they attributed the decision […]
