Ghana Central Bank Sees Rate Cuts After Iran War as Cedi Weakens in 2026
Updated
Updated · Bloomberg · Jun 5
Ghana Central Bank Sees Rate Cuts After Iran War as Cedi Weakens in 2026
1 articles · Updated · Bloomberg · Jun 5
Summary
Johnson Asiama said the Bank of Ghana could return to cutting interest rates once the Iran war ends, signaling easing scope despite this year’s market volatility.
The governor said any move depends on how the global shock unfolds, tying Ghana’s policy path to external pressures rather than domestic conditions alone.
Asiama also downplayed the cedi’s weakness in 2026, suggesting the currency’s slide has not yet derailed the central bank’s broader easing outlook.
The comments point to a wait-and-see stance in which geopolitical risks, rather than local inflation or growth data, are the main obstacle to lower borrowing costs.