Q3 2023 Economic and Financial Market Review and Outlook

Bank Performance 2023 Full-Year

Bank Perfomance 2023 Half-Year

Policy Rate maintained at 30%

2023 Mid-Year Budget Review

Policy Rate Hiked to 30%

Nigeria- Africa’s Walking Eagle [February, 2023]

Policy Rate maintained at 29.5%

Fall in Inflation Rate is a Positive Sign for Ghana, But Complacency is Not an Option

Data released by the Ghana Statistical Service (GSS) on May 10, 2023, indicates that the annual inflation rate decreased to 41.2% in April 2023 from 45.0% recorded in March 2023. This marks a fourth consecutive decline in the growth rate of the consumer price index (CPI) since peaking at 54.1% in December 2022. The data […]
Policy Incoherence: Why Inflation is Running Away from the Bank of Ghana’s Target

The Bank of Ghana (BoG) commenced its policy rate hike cycle in November 2021 well ahead of major central banks such as the US Federal Reserve. US inflation in recent months has peaked and started declining while inflation in Ghana shows no signs of sustained disinflation. The Ghana Statistical Service (GSS) in its December 2022 […]