Ghana Keeps Rate On Balanced Risks To Growth, Inflation
Ghana’s central bank kept its policy rate steady at 15.0 percent, saying the risks to inflation and economic growth were fairly balanced and inflation is expected to remain within its projected band of 9.0 percent, plus/minus 2 percentage points by the end of 2013. The Bank of Ghana, which raised its [...]
Ghana’s central bank kept its policy rate steady at 15.0 percent, saying the risks to inflation and economic growth were fairly balanced and inflation is expected to remain within its projected band of 9.0 percent, plus/minus 2 percentage points by the end of 2013.
The Bank of Ghana, which raised its rate by 250 basis points in 2012, said the major upside risks to inflation were the possible removals of utility and fuel subsidies, wage negotiations and balance of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards