A failure to sufficiently rein in large budget and current account deficits means that further monetary tightening is still likely in Ghana, despite the Central Bank’s decision to keep interest rates on hold today. We expect 100bp of hikes over the coming months, bringing rates to 17.00% by the end of 2014.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services