Prolonged deviation in the interbank interest rate from the prime rate illustrate the challenges the Bank of Ghana faces when targeting a short-term money market interest rate. Asymmetries in the wholesale market adjustment possibly relate to monetary policy signaling, weak policy credibility, and ...
Fig. 1. Outlook of Momo transaction value, credit-to-deposit ratio and policy rate in Ghana. This shows how important mobile money activities have been in Ghana and Africa at large. With this success in mobile money activities, commercial banks' savings and time deposit have been affected adve...
ACCRA, March 26 (Xinhua) -- Monetary authorities of Ghana on Monday announced a 200 basis point cut in its benchmark policy rate to 18 percent, down from 20 percent. The decision, by the Monetary Policy Committee of the Bank of Ghana, was made possible due to subdued inflationary pressures...
Research Department, Bank of Ghana. Conference on Monetary Policy Frameworks in Africa, Pretoria, South Africa, 17-19 September 2001.Addison, Ernest K., 2001, "Monetary Management in Ghana", A Paper Presented at the Conference on Monetary Policy Frameworks in Africa, September, Pretoria, South ...
Monetary Policy and Price Stability in Ghana's Fourth Republic: Have the Dues Been Paid? The fact that price stability is at the core of monetary policy frameworks of central banks in Africa is well known. However, whether this price stability ... AA Iddrisu,IP Alagidede 被引量: 0发表: ...
Monetary Policy Transmission in Ghana This paper analyzes interest rate pass-through in Ghana. Time series and bank-specific data are utilized to highlight linkages between policy, wholesale market, and retail market interest rates. Our analysis shows that responses to chang... A Kovanen 被引量:...
ACCRA, Sept. 19 (Xinhua) -- Ghana's central bank has for the fourth time retained its benchmark Monetary Policy Rate at 26 percent, to combat the high inflationary trends, governor of the bank Abdul-Nashiru Issahaku announced here on Monday. ...
Powell’s bad monetary policy actually began when Trump was in the White House. In other words, it wasn’t Joe Biden’s fault. At least not at the beginning (the Fed’s bad monetary policy continued after Biden took office and the White House certainly didn’t object to that excess ...
Foreign policy in less powerful nations is not merely pragmatic or imposed. Ideology is key in balancing national priorities with global realities. Ghana wove ideological commitments into economic diplomacy. It shows that smaller states, despite dependency, can assert agency and stay accountable to thei...
This paper analyzes interest rate pass-through in Ghana. Time series and bank-specific data are utilized to highlight linkages between policy, wholesale ma... A Kovanen - 《Imf Working Papers》 被引量: 30发表: 2011年 Volatility linkages among interest rates: implications for global monetary poli...