The Monetary Policy Committee (MPC) of the Bank of Ghana is set to announce its decision on the policy rate, which will influence the cost of lending for the next two months.
The policy rate determines the interest rate at which banks lend to businesses and the private sector.
During its 122nd meeting in 2024, the MPC maintained the policy rate at 27 percent.
At the opening of the 123rd MPC sitting on Monday, March 23, 2025, the Governor of the Central Bank, Dr. Johnson Asiama, stated that while the external environment remains supportive, it is becoming increasingly volatile.
The Central Bank is expected to present the committee’s conclusions, including decisions on the monetary policy rate and strategic measures aimed at ensuring macroeconomic stability and growth.
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