The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has kept the policy rate at 29 percent. Addressing the 118th MPC press conference in Accra on Monday May 27, the Governor of the Bank of Ghana said that the effort to reduce global inflation has stalled due to increased crude oil prices central
Analysts say the elevated interest rate environment in Nigeria is impacting the adoption of mortgages in the country and reducing access to affordable housing.
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate at 29 per cent, citing a slightly elevated inflation profile on account of recent exchange rate pressures and adjustments in transportation fares. However, the Bank said the projections showed that inflation would remain within the monetary policy consultation…