The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced the policy rate by 350 basis points to 18 percent from 21.5 percent.
The decision was taken after the 127th meeting of the committee ended yesterday, November 25, 2025.
Speaking at press briefing at the headquarters of the Bank of Ghana in Accra, the Governor of the Bank of Ghana, Dr. Johnson Asiama announced that majority of the members of the committee voted for the huge reduction in the policy rate.
He explained that the committee is optimistic of maintaining price stability in the economy to help keep inflation in the single-digit band.
“The bank projects a continued stable inflation profile around the target and well into the first half of next year, 2026. This is against the backdrop that current risks in the outlook to shift the path of inflation away from target have moderated significantly”, he said.
Dr. Asiama added that the prevailing high real interest rate provides some hope to ease policy to further to boost the current growth recovery efforts.
