The Bank of Ghana’s Decision to Hike Key Policy Rate: Rationale and Implications
The Monetary Policy Committee (MPC) of the Bank of Ghana recently concluded its 111th meeting, held from March 22nd to March 24th, 2023. Following this, on March 27th, 2023, the committee issued a press release announcing a hike of 150 basis points to its key policy rate, bringing it to 29.5%. The primary reason for […]
