BoG’s MPC Convenes 130th Meeting to Review Inflation and Economic Direction
The Bank of Ghana’s Monetary Policy Committee (MPC) begins its 130th meeting on Monday, May 18, 2026, to assess the state of the economy and decide on the policy rate.
The three-day meeting will review recent trends in inflation, financial stability, exchange rate movements, and growth prospects before announcing a decision on Wednesday.
Behind every MPC decision are months of analysis, data gathering, and deliberation by the committee’s economists and external members.
The committee examines both domestic indicators and global developments to determine the broader direction of Ghana’s economy.
Inflation remains a central focus after months of disinflation efforts following the 2022-2024 economic crisis.
The Bank has maintained a tight monetary stance aimed at anchoring inflation expectations and supporting currency stability.
The MPC’s decisions on the policy rate influence lending rates, investment, and consumer spending across the economy.
Markets and businesses will be watching for signals on whether the Bank opts to hold, cut, or raise the rate based on its assessment of inflation risks and financial sector conditions.
The communique and summary of the committee’s deliberations are expected to be released at the end of the meeting on Wednesday, May 20, 2026.
The MPC meets every two months under the Bank of Ghana Act to set monetary policy and review economic performance.
Story by Hajara Fuseini
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