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WAMI economist endorses BoG policy rate hike

Comment: OLDEN AGE ECONOMICS STRATEGY

Author:
kofi patrick
Date:
2015-05-20 14:05:46
Comment to:
WAMI economist endorses BoG policy rate hike


if the work of central bank governor is to increase interest as means of controlling inflation without proper diagnosis of the sources and without thinking about the negative effect of an increase in interest rate on the economy then i regretted learning economics to the higher level. the MPC can increase the prime rate to 50% inflation would never fall in this country however, only business will collapse. the theory of phillips curve doesnt hold in ghana so it shd not be applied.

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