The Bank of Ghana (BoG) has reduced its Monetary Policy Rate by 150 basis points to 14%.
The decision, taken at the latest meeting of the central bank’s Monetary Policy Committee (MPC) on Wednesday March 18, 2026 signals a continued shift toward monetary easing as macroeconomic conditions improve.
Speaking at the 129th MPC press briefing, Governor Dr. Johnson Asiama cited improvements in domestic macroeconomic conditions and high prevailing real interest rates.
However, monetary authorities remain cautious about external risks.
The central bank identified escalating geopolitical tensions in the Middle East as a potential threat to the outlook, indicating its readiness to recalibrate policy should global conditions deteriorate.
