MPC keeps policy rate at 14%, cites inflation risks due to Middle East tensions

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has unanimously decided to maintain the Monetary Policy Rate (MPR) at 14 percent, citing rising external risks to inflation despite continued strength in the domestic economy.

Announcing the decision at the conclusion of the 131st MPC meeting, the Committee said recent inflation developments remain […] ...