- Policy rate cut to 18% after inflation cools sharply
- Real rates surge, reshaping Ghana’s Treasury market
ACCRA- GHANA – Ghana’s central bank has cut its benchmark interest rate by 350 basis points to 18 percent as inflation slows faster than projected and real rates climb to multi-year highs.
The decision, announced after the Monetary Policy Committee meeting on Wednesday, November 26, brings cumulative cuts this year to 1,000 basis points, marking one of the most aggressive easing cycles in the country’s recent monetary history.
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