3.5% Cut in Monetary Policy Rate: MPC Members Provide Reasons
Four of the six members of the Bank of Ghana’s Monetary Policy Committee voted in favour of a 350 basis point cut to 21.5 per cent at its 126th meeting.
The 350 basis points cut underscores confidence in the country’s improving economic outlook despite lingering inflation risks.
Below are the reasons provided by each member of the Monetary Policy Committee for voting for or against the 350 basis points cut.
The MPC Decision Submissions by Members
