The Financial Coverage Committee (MPC) of the Financial institution of Ghana (BoG) has stored the coverage price unchanged at 28 %.
Chairman of the committee and Governor of the BoG, Dr. Johnson Asiama made the announcement at a press briefing on Could 23, 2025.
He defined that the committee took the choice in anticipation of inflation coming down quickly. Inflation at present stands at 21.2 %.
He disclosed that newest forecast factors to continued easing of inflationary pressures on the again of tight financial coverage stance, change price stability, and monetary consolidation.
He identified that inflation is anticipated to ease quicker in direction of the medium-term goal within the first quarter of subsequent yr, that’s 2026, versus the second quarter as earlier envisaged, barring unanticipated shocks.
“Regardless of these optimistic developments, the committee noticed that the present stage of inflation stays excessive relative to the medium-term goal and would require sustaining the coverage price at 28.0%”, he mentioned.
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