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RBI Panel Considers Rate Hike Amid Inflation Risks
Businessbloombergeconomic-times8d ago2 sources

RBI Panel Considers Rate Hike Amid Inflation Risks

The Reserve Bank of India's Monetary Policy Committee (MPC) is closely monitoring inflation risks, with some members indicating a potential rate hike in the third quarter if inflation significantly increases. The panel is watching inflation as one member eyes a hike this year.

Ghana’s banking sector strong but credit growth remains subdued – BoG Governor
Businessmyjoyonline5mo ago

Ghana’s banking sector strong but credit growth remains subdued – BoG Governor

The Governor of the Bank of Ghana, Dr Johnson Asiama, has described Ghana’s banking sector as sound, profitable, and well-capitalized, even as credit growth to households and businesses remains subdued. Speaking at the opening of the 129th Monetary Policy Committee (MPC) meeting, Dr Asiama highlighted that the banking sector’s health is crucial for the effectiveness […]

Breaking: CBN eases MPR by 50 basis points to 26.5%
FinancePremium Timesvanguard-ng6mo ago2 sources

Breaking: CBN eases MPR by 50 basis points to 26.5%

CBN Governor Olayemi Cardoso announced this on Tuesday after the meeting of the CBN's Monetary Policy Committee. The post Breaking: CBN eases MPR by 50 basis points to 26.5% appeared first on Vanguard

Iceland's Central Bank Announces Interest Rate Hike Decision
Businessruvmorgunbladidiceland-review8d ago3 sources

Iceland's Central Bank Announces Interest Rate Hike Decision

Iceland's central bank has decided to raise its key interest rates by 0.25 percentage points, following earlier predictions of an impending hike. A meeting is being held to detail the Monetary Policy Committee's decision on the bank's policy rates.

Bank of Ghana Expected to Maintain Benchmark Rate
Businessmyjoyonline1mo ago

Bank of Ghana Expected to Maintain Benchmark Rate

The Ghana Bankers Association anticipates that the Bank of Ghana will keep its monetary policy rate unchanged at the upcoming Monetary Policy Committee meeting, despite improvements in macroeconomic conditions.

RBI Maintains Repo Rate, Governor Explains Policy Decision
FinanceTimes of India4mo ago

RBI Maintains Repo Rate, Governor Explains Policy Decision

The Reserve Bank of India's Monetary Policy Committee kept the repo rate unchanged, with Governor Malhotra explaining that high-frequency indicators suggest strong momentum in economic activity, supported by robust private consumption and investment demand.

Ghana's MPC Votes for Policy Rate Cut Amid Middle East Concerns
Worldnaftemporikimyjoyonline5mo ago2 sources

Ghana's MPC Votes for Policy Rate Cut Amid Middle East Concerns

Four members of Ghana's Monetary Policy Committee voted for a 150bps cut in the policy rate to 14%, with the majority expressing concern over the Middle East developments and their impact on the economy, particularly inflation.

Icelandic Economy Cools Rapidly Amid Rising Defaults
Businessmorgunbladid12d ago

Icelandic Economy Cools Rapidly Amid Rising Defaults

The Federation of Icelandic Industries (SI) believes the Monetary Policy Committee of the Central Bank of Iceland should keep policy rates unchanged when the next interest rate decision is announced on August 19, as the economy cools rapidly and defaults rise.

Ghana's Central Bank Governor Flags Economic Risks Amid Rising Energy Prices
Worldmyjoyonline3mo ago

Ghana's Central Bank Governor Flags Economic Risks Amid Rising Energy Prices

The Governor of the Bank of Ghana, Dr. Johnson Asiama, has warned that Ghana's foreign exchange reserves and inflation outlook are under pressure due to rising global energy prices and the escalating Middle East conflict. He made these remarks as the Monetary Policy Committee opened its 130th meeting.

Businesses are benefiting from cheaper credit – BoG Governor
Businessmyjoyonline5mo ago

Businesses are benefiting from cheaper credit – BoG Governor

The Governor of the Bank of Ghana, Dr Johnson Asiama has stated that businesses are benefiting from low interest rates due to the bank’s monetary policy tools. He made this statement after the Monetary Policy Committee of the Bank of Ghana announced a policy cut by 150 basis points to 14 percent. This also comes […]