The Bank of Ghana has reduced its Monetary Policy Rate by 350 basis points to 18 percent. This marks one of the steepest policy easing decisions in recent years.
The Central Bank cut the rate over sustained progress in taming inflation, a stabilising currency and improved macroeconomic conditions that create room to support growth.
The reduction is expected to translate into lower lending rates in the medium term, offering relief to businesses and households that have struggled with high borrowing costs.
Announcing the decision at a press briefing on Wednesday, November 26, 2025, Governor Dr. Johnson Asiama said the latest assessment by the Monetary Policy Committee (MPC) shows the economy has entered a period of broadly improved stability, anchored by a strong rebound in the external sector.
“The bank projects a continued stable inflation profile around the target and well into the first half of next year, 2026. This is against the backdrop that current risks in the outlook to shift the path of inflation away from target have moderated significantly”, he said.
For him, the country’s external position has seen a remarkable turnaround which provides firmer backing for policy flexibility.
Source:Lovinghananews.com
