Ghana’s Inflation Slows to 23.1%, Opening Door for Rate Cuts

Ghana’s inflation dropped for the second consecutive month, falling to 23.1% in February from 23.5% in January, signaling potential for the central bank to cut interest rates for the first time since September. By the numbers Why it matters: The Bank of Ghana’s policy rate—currently at 27%—is well above inflation, creating room for a possible […] The post Ghana’s Inflation Slows to 23.1%, Opening Door for Rate Cuts appeared first on Tech Labari.

Ghana’s Inflation Slows to 23.1%, Opening Door for Rate Cuts

Ghana’s inflation dropped for the second consecutive month, falling to 23.1% in February from 23.5% in January, signaling potential for the central bank to cut interest rates for the first time since September. By the numbers Why it matters: The Bank of Ghana’s policy rate—currently at 27%—is well above inflation, creating room for a possible […]

The post Ghana’s Inflation Slows to 23.1%, Opening Door for Rate Cuts appeared first on Tech Labari.

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