The Bank of Ghana maintained its benchmark interest rate at 14.0% during its September 2026 meeting. This marks a third consecutive pause aimed at balancing growth against lingering price pressures.
According to the Monetary Policy Committee on Thursday, risks to inflation and growth remain broadly balanced. The current policy stance targets bringing inflation sustainably toward the central bank’s medium-term target of 8%.
This decision follows Ghana’s recent completion of its final IMF program review and successful debt restructuring milestones. Economic authorities continue emphasizing structural fiscal consolidation and exchange rate stability.
Headline indicators show a resilient domestic economy despite ongoing global supply chain headwinds. Policymakers are closely monitoring external commodity shocks to protect macroeconomic gains achieved over recent quarters.
