Ghana: BoG Keeps Policy Rate At 13.5 Percent

28 September 2021

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has for the third consecutive time maintained the policy rate at 13.5 per cent, citing a fairly balanced risks to inflation and growth in the outlook.

Cutting the policy rate by 100 basis points from 14.5 per cent in March 2021, to 13.5 per cent in May 2021, the MPC has maintained the policy rate at 13.5 since May, 2021.

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