A 300 basis point reduction in the policy rate to 25% is possible from the Bank of Ghana’s MPC.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Monetary Policy Committee (MPC) of the Bank of Ghana may cut the policy rate by 300 basis points to 25%.

This is due to a sharp fall in inflation in June 2025 to 13.7%.

“We maintain a dovish outlook for the July MPC meeting, raising our expected cut in the policy rate to at least 300 basis points from our initial anticipation of at least 200bps cut”, IC Research said.

With the real policy rate widening to 14.3% in June 2025 as against 9.6% in May 2025 and core inflation firmly in single digit, IC Research thinks the MPC has room for a deeper cut beyond its revised call.

Source: newsthemegh.com