inflamation

The Bank of Ghana has indicated its readiness to respond appropriately to tame inflation should consumer prices go up in the coming months. Speaking at the opening of a regional course organised by the West African Institute for Financial and Economic Management with support from the International Monetary Fund, Director of Research, Dr. Philip Abradu-Otoo, underscored the importance of monetary policy in managing economic fluctuations with the view of achieving price stability. According to him, the Central Bank is ready to respond appropriately should inflation rise. “Because of the current global and domestic macro-economic developments, the Monetary Policy Committee of…