BoG MPC meets to review the health of economy

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Stephen Schork saw prices surging past $110 a barrel and thought it wasn't sustainable. This is how he cashed in.

Members of the Monetary Policy Committee of the Bank of Ghana will this morning begin meeting to review the health of the economy.

The committee chaired by the Governor will be deliberating on some developments that have taken place in the economy since it last met in February.

However with inflationary outlook of under ten percent and with petroleum and other commodity prices likely to shoot up, analysts are of the view the Bank of Ghana may maintain the policy rate or possibly reduce it marginally.

The Central Bank at its last meeting maintained its benchmark lending rate at 13.5 percent.

Source: Joy Business/Ghana

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BoG MPC meets to review the health of economy