The Bank of Ghana announced a significant reduction in its Monetary Policy Rate (MPR) by 250 basis points, bringing the new rate to 15.5 percent. This decision was reached by a majority vote during the 128th Monetary Policy Committee (MPC) meetings, which concluded on January 28, 2026.

This rate cut signals a shift in monetary policy, likely aimed at stimulating economic activity. Financial institutions, businesses, and investors should assess the implications of this lower interest rate environment on borrowing costs, investment returns, and overall market liquidity. While no specific compliance actions are mandated by this announcement, market participants should monitor further communications from the Bank of Ghana for any related policy adjustments or guidance.