The Monetary Policy Rate (MPR) will be maintained or eased at the next meeting of the BoG.

The February Consumer Price Index (CPI), according to professional services firm PwC, makes it more likely that the Bank of Ghana (BoG) will hold or lower the Monetary Policy Rate (MPR) at its next meeting.

It feels that there is a greater chance of a policy rate drop on March 18, 2026, than a hold.

It noted that the MPC’s choice is expected to be influenced by four important factors in its analysis of Ghana’s inflation.

First, it stated that headline inflation is currently far within the BoG’s medium-term target band of 8± 2% [(6–10)%].

Second, it stated that the fundamental dynamics of inflation show a reduction in widespread pressures. It concluded by stating that new supply-side shocks are projected to increase the medium-term inflation risks.

Source: newsthemegh.com