Ghana central bank governor says inflation remains uncomfortably high
Ghana's new central bank governor, Johnson Asiama, said on Monday that monetary policy needed to help the West African nation lower its consumer price inflation , which remains uncomfortably high at over 23%.
The Bank of Ghana targets inflation of 8% with a margin of error of 2 percentage points either side of that. The rate peaked at over 54% in 2022 and stood at 23.1% in February.
"Our task over the next few days is ... to reach a policy stance that reinforces the disinflation path without undermining the recovery or destabilizing market expectations," Asiama said ahead of his first monetary policy meeting.
(Reporting by Anait Miridzhanian Editing by Bate Felix)
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