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Bank of Ghana Cuts Rate, Inflation Stabilizes at 8%

11/28/2025

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Story summary
  • Bank of Ghana cut its policy rate by 350 basis points to 18% on Nov 26, 2025.
  • The move followed a cumulative 1,000 basis points reduction in 2025 to support recovery and price stability.
  • Inflation fell from 54% in January 2023 to 8% in October.
  • Bank of Ghana Governor Johnson Asiama projected inflation would stay near 8% into 2026.
  • Economists view the decision as a measured step toward macroeconomic stability.