{"id":49979,"date":"2023-03-27T13:52:18","date_gmt":"2023-03-27T13:52:18","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/03\/27\/bank-of-ghana-increases-policy-rate-to-29-5\/"},"modified":"2023-03-27T13:52:18","modified_gmt":"2023-03-27T13:52:18","slug":"bank-of-ghana-increases-policy-rate-to-29-5","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/03\/27\/bank-of-ghana-increases-policy-rate-to-29-5\/","title":{"rendered":"Bank of Ghana increases policy rate to 29.5%"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"398\"  alt=\"\" title=\"Ghana-banks.jpeg\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/01\/1673796924_Ghana-banks.jpeg\" data- class=\"entry-thumb lazyload\"\/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"398\" class=\"entry-thumb\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/01\/1673796924_Ghana-banks.jpeg\"   alt=\"\" title=\"Ghana-banks.jpeg\"\/><\/noscript><\/div>\n<p><strong>The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate to 29.5 percent.<\/strong><\/p>\n<p>Addressing a press conference in Accra on Monday, March 27, Governor of the BoG Dr Ernest Addison said \u201cTo place the economy firmly on the path of stability, it is important that the monetary policy stance be tuned further to re-anchor inflation expectation towards the medium-term target.<\/p>\n<p>\u201cGiven these considerations, the MPC decided to increase the Monetary Policy Rate by a 150 basis points to 29.5 percent.\u201d<\/p>\n<p>More soon\u2026<\/p>\n<p><strong>By Laud Nartey|3news.com|Ghana<\/strong><\/p>\n<p>.<\/p>\n<p>\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate to 29.5 percent. Addressing a press conference in Accra on Monday, March 27, Governor of the BoG Dr Ernest Addison said \u201cTo place the economy firmly on the path of stability, it is important that the monetary policy stance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-49979","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bank of Ghana increases policy rate to 29.5% - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/03\/27\/bank-of-ghana-increases-policy-rate-to-29-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank of Ghana increases policy rate to 29.5% - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate to 29.5 percent. 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