Ghana Cuts Rates By Most On Record As Inflation Subsides

• Ghana’s central bank slashed its benchmark interest rate by 300 basis points to 25%, marking the largest rate cut in the Bank of Ghana’s history
• The Monetary Policy Committee decision reflects growing confidence in the country’s rapid disinflation trend
• Inflation fell sharply to 13.7% in June, down from 18.4% in May and the lowest level since December 2021

Ghana’s central bank slashed its benchmark interest rate by 300 basis points to 25%, marking the largest rate cut in the Bank of Ghana’s…