Economics
Ghana Halts Interest-Rate Hikes on Growth Concerns
- Central bank holds key rate at 19% after two successive hikes
- Only three of 10 economists expected the rate to be unchanged
Ernest Addison
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
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Ghana’s central bank unexpectedly left its benchmark interest rate unchanged on signs that rampant inflation may be leveling off and concern the outlook for economic growth is deteriorating.