Deloitte West Africa has expressed confidence in the resilience of Ghana’s banking system, despite ongoing challenges stemming from both exogenous and endogenous macroeconomic factors. The professional services firm shared this view in its latest economic brief, which focused on the Monetary Policy Rate (MPR) in Ghana and Nigeria. The report…

Deloitte West Africa has endorsed the Bank of Ghana's decision to maintain the policy rate at 27%, stating that the move will help anchor inflation expectations despite ongoing short-term economic pressures. The professional services firm believes that holding the policy rate steady will not only bolster inflation control but also…

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has decided to keep the policy rate unchanged at 27%, following a reduction from 29% in September 2024. The move, announced on 29 November 2024, aims to stabilize inflation expectations and manage fluctuations in the exchange rate, as the…