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Ghana signals early interest rate cut as inflation falls

Dr Johnson Asiama, Bank of Ghana governor @ BoG Facebook
Dr Johnson Asiama, Bank of Ghana Governor @ BoG Facebook
  • Bank of Ghana could reduce rate again if inflation declines continue through July and August
  • Governor urges banks to shift from passive government investments to real-sector lending

 

ACCRA, GHANA – Ghana’s central bank may consider another interest rate cut if inflation continues its downward trend through July and August, Governor Dr Johnson Asiama said Tuesday.

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