The Monetary Policy Committee (MPC) of the Bank of Ghana is set to announce its decision on the policy rate, a key determinant of lending costs for the next two months.

The policy rate dictates the interest rate at which banks lend to businesses and the private sector, significantly influencing economic activity.

During its 124th scheduled meeting of this year, the MPC kept its policy rate unchanged at 28 percent citing inflationary risks in the economic outlook.



MA