Monday, January 31, 2022

Ghana holds rate, fiscal cuts to lower inflation risks

     Ghana's central bank left its policy rate unchanged at 14.50 percent, saying the "dynamics associated with the November 2021 policy rate hike are yet to be fully transmitted and expects the decisive implementations of the fiscal correction measures, especially the 20 percent cut in expenditure to help moderate the upside risks to the inflation outlook."
     Herewith an updated table with this week's policy decisions by central banks.
     The table includes the name of the country, the date of the next policy decision, the current policy rate, the local time a policy decision is announced, the result of the last policy decision, the change in the policy rate year to date, and the rate one year ago.
WEEK 5
JAN 31 - FEB 5, 2022
GHANA31-Jan14.50%15:000014.50%         FM
BULGARIA31-Jan0.00%000.00%         FM
KYRGYZSTAN31-Jan8.00%5005.50%
AUSTRALIA1-Feb0.10%14:30000.10%         DM
ARMENIA1-Feb7.75%5005.50%
LESOTHO1-Feb3.75%2503.50%
GEORGIA2-Feb10.50%14:005008.00%
ALBANIA2-Feb0.50%000.50%
BRAZIL2-Feb9.25%18:3015002.00%         EM
UNITED KINGDOM3-Feb0.25%12:001500.10%         DM
EURO AREA3-Feb0.00%13:45000.00%         DM
CZECH REPUBLIC3-Feb3.75%14:3010000.25%         EM
EGYPT3-Feb8.25%008.25%         EM


    www.CentralBankNews.info

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