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Ghana Expected to Hike Interest Rate as Inflation Pressures Mount

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  • MPC meeting marked Governor Asiama’s first policy challenge
  • Disinflation path threatened by liquidity, global uncertainty

Accra, Ghana – Ghana’s central bank was expected to raise its benchmark policy rate by 100 basis points during the Monetary Policy Committee (MPC) meeting that began on March 24, according to a senior official familiar with the discussions.

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