BoG cuts policy rate to 14% amid easing inflation
Maclean Kwofi
Business News
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced the policy rate from 15.5 per cent to 14 per cent, signalling a shift in the central bank’s monetary stance in response to easing inflationary pressures.
The decision is expected to lead to a further decline in lending rates by commercial banks, potentially encouraging increased credit to the private sector.
The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, announced this at a press conference held by the committee at Bank Square in Accra on Wednesday, March 18, 2026.