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Fitch Solutions has projected that the Bank of Ghana is likely to maintain the monetary policy rate at 28% as it holds an emergency Monetary Policy Committee (MPC) meeting on Thursday, July 17, 2025.
The central bank is urging banks to boost lending to spur the economy amid a downward trend in credit growth to May, including NPLs and LARs.
Semiannual Monetary Policy Report To Congress In outlining the current economic situation and outlook, Chair Powell commented how the labor market was solid, with the unemployment rate at 4.2%.
The 2-year Treasury today trades with a yield of 3.80%, while the fed funds rate is still stuck at 4.375%, which suggests the Fed/FOMC is right about monetary policy’s impact.
With all the uncertainty in play, Harker said "we have to wait and see" how the economy performs before a decision can be made on changing monetary policy.
Federal Reserve Chair Jerome Powell told President Donald Trump on Thursday that monetary policy decisions would be "based solely on careful, objective, and non-political analysis," according to a ...
In both cases, expansionary monetary policy was not appropriate for the long-term health of the economy. Let’s review both cases. Many readers will remember that just a few months ago, Trump ...
Most important, the combination of Nixon’s self-serving wage and price controls and Burns’ expansionary monetary policy crippled the U.S. economy for the remainder of the 1970s.
As the CBN adopts a cautious approach to monetary policy amid these oscillating conditions, its strategy remains focused on anchoring inflation expectations and alleviating exchange rate pressures.
By Jibril Abdul Mumuni Accra, May 22, GNA – The Bank of Ghana (BoG) is reviewing its monetary policy framework to a more active open market operations regime. The new approach will include ...