Standard Bank: Ghana’s MPC likely to hold MPR at 29% in march meeting

Standard Bank expects Ghana’s Monetary Policy Committee at its March meeting to hold the policy rate at 29 percent to effectively steer inflation downward, deferring the next rate action to May. Meanwhile, the bank notes lingering pressures reflected in Nigeria's February Purchasing Manager’s Index may push domestic demand low, limiting growth potentials in the first quarter of this year. Rhode Luemba, Head of Flow Sales, Global Markets at Standard Bank Group joins CNBC Africa for more on these.
Tue, 19 Mar 2024 14:24:34 GMT