adsThe Central Bank of Ghana has kept its benchmark interest rate unchanged at 14 percent, signalling a cautious approach as policymakers weigh rising global uncertainty against signs of improving domestic stability.
The decision, announced after the bank’s May 2026 Monetary Policy Committee meeting, ends a streak of five consecutive rate cuts and reflects growing concern that external shocks, particularly escalating tensions in the Middle East, could place renewed pressure on inflation and the broader economy.
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Johnson Asiama, Governor of the Bank, said the central bank opted to hold rates steady in order to preserve recent gains in macroeconomic stability while leaving room to respond to emerging risks.
“The committee decided to maintain the policy rate at 14 percent to consolidate the gains achieved in macroeconomic stability while closely monitoring domestic and external risks,” Asiama said.adsads
