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Deloitte Urges Ghana to Cut Rates Amid Falling Inflation

7/24/2025

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Summary

Story summary

Deloitte advises the Bank of Ghana to consider lowering interest rates, anticipating a shift at the July MPC meeting.
Reduced interest rates may stimulate lending and enhance economic growth.
Inflation decreased to 13.7% in June 2025, leading to improved real investment returns of 14.3%.
The transport sector experienced a deflation rate of -8.5%, attributed to declining fuel prices.

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Story summary

Deloitte advises the Bank of Ghana to consider lowering interest rates, anticipating a shift at the July MPC meeting.
Reduced interest rates may stimulate lending and enhance economic growth.
Inflation decreased to 13.7% in June 2025, leading to improved real investment returns of 14.3%.
The transport sector experienced a deflation rate of -8.5%, attributed to declining fuel prices.