Ghana Eyes Lower Rates for First Time in Over Five Years: Chart

Ghana’s central bank could cut its benchmark rate for the first time since 2011, according to five of the six economists surveyed by Bloomberg. While inflation slowed to the lowest rate since July 2014 last month, it’s still far outside the central bank’s 6 percent to 10 percent target band. A move to loosen monetary policy on Monday would also be the first since President John Dramani Mahama, who is running for a second term in elections on Dec. 7, took office in the West African nation.

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