Ghana cuts prime interest rate by 100 basis points to 13.5%

The Bank of Ghana has cut its prime interest rate by 100 basis points to 13.5 per cent at its 100th policy meeting which was concluded today. Governor of the Bank of Ghana, Ernest Addison says consumer inflation will remain within the bank’s target band of eight per cent plus or minus two percentage points. Joining CNBC Africa for a post analysis of the decision is John Gatsi, Dean of the School of Business at the University of Cape Coast.

Mon, 31 May 2021 14:04:32 GMT
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