FULL TEXT: Why BoG cut its policy rate to 15.5% after first meeting of 2026

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Awuradebasa 19 hours ago

it's 2.5 % in Canada.the UK and the USA

it's 2.5 % in Canada.the UK and the USA
Okponglo Guy 18 hours ago

What is the target rate? Is it arbitrary or based on the inflation rate? What if it is targeted to the price index? Wouldn’t that ensure stability? The MPC can still review and tweak where necessary but borrowers can ju ...
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What is the target rate? Is it arbitrary or based on the inflation rate? What if it is targeted to the price index? Wouldn’t that ensure stability? The MPC can still review and tweak where necessary but borrowers can just use the inflation trend to plan.