MacroeconomicsEconomic Outlook
Ghana's Interest Rate Cycle: What Comes Next?
Disinflation has given the Bank of Ghana room to ease, and the market has already priced a substantial part of it. We examine how far the cycle can plausibly run, why the pass-through to deposit rates will lag, and what a lower nominal rate environment means for savers holding short-dated Treasury bills.
Ama Serwaa Boateng, Benny Nana Poku6 min read