Monetary Policy Rate Maintained At 14.5% For Fifth Time

Monetary Policy Rate Maintained At 14.5% For Fifth Time In its quest to review developments in the economy and take the necessary steps to ensure financial and economic stability, the Monetary Policy Committee of the Bank of Ghana has maintained the policy rate at 14.5 percent. This is the fifth time the Central Bank has maintained the policy rate at 14.5 percent. In a statement issued by the Bank of Ghana, the Governor of the Central bank, Dr. Ernest Addison, attributed the decision to the balance of risks to inflation and steady growth of the economy. “Risks to inflation in…