Ghana's Central Bank Cuts Key Rate by 350bps to Boost Economy as Inflation Weakens

BY MT Newswires | ECONOMIC | 11/26/25 12:04 PM EST

12:04 PM EST, 11/26/2025 (MT Newswires) -- Ghana's central bank (BoG) Wednesday said its Monetary Policy Committee voted to lower the Monetary Policy Rate by 350 basis points to 18.0%.

"Given the anticipated significant decline in inflation by the end of the year, the tight monetary policy stance, the

significant build-up of reserves which is providing anchor for exchange rate stability, the Bank projects a continued stable inflation profile around the target and well into

the first half of 2026," wrote BoG in its policy statement.

"This is against the backdrop that current risks in the outlook to shift the path of inflation away from target have moderated significantly," the central bank added. "Hence, the prevailing high real interest rates provides some scope to ease policy to further boost the growth recovery efforts."

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