Business News of Wednesday, 28 January 2026Source: www.ghanaweb.comThe Bank of Ghana has announced a further reduction in its monetary policy rate, lowering it from 18% to 15.5%. The 2.5 percentage point drop (250 basis points) marks a significant shift in the country’s monetary policy. The announcement was made by Dr Johnson Asiama, Chair of the Monetary Policy Committee (MPC), during the Committee’s 128th press briefing on Wednesday, January 28, 2026. The policy rate influences the interest rates banks charge businesses and households, so a reduction can make loans cheaper and encourage investment. The latest figures from the Ghana Statistical Service show that Ghana’s inflation rate fell to 5.4% year-on-year in December 2025.

Source: GhanaWeb January 28, 2026 15:05 UTC