The inflation target has generally been slightly below 10% p.a., except for a brief period in 2008-09 when the target was relaxed to allow for rapid imported ...

An inflation-targeting regime has been in place in Ghana since 2007, but the inflation rate has remained persistently high. During the 2007–2017 period, ... Background · Data · Empirical results · Discussion

In May 2007, Ghana formally adopted an inflation-targeting framework for its monetary policy, announcing price stability as the central bank's primary.

Price stability in this context is defined as a medium-term inflation target of 8 percent with a symmetric band of ±2 percent, for which the economy is expected ...

This study estimated an optimal inflation rate of 5–7% which agrees with the inflation target rate of the Bank of Ghana (BOG).

Ghana adopted inflation targeting as its monetary policy framework with the passing of the Bank of Ghana Act 612 (2002) by Parliament but it was not until May ...

The study estimated a range of 5–7% optimal inflation for Ghana. While this confirms the single-digit inflation targeting by the Bank of Ghana, the range is ...

Abstract. Purpose – The Ghanaian economy has experienced relative stability, improved macroeconomic performance and resilience over the past few years, ...

This study investigated the relationship of inflation targeting monetary policy and economic growth in Ghana. Inflation rate was measured by conditional ...