The Bank of Ghana has warned that its policy decisions will not be influenced by market speculation, public pressure, or short-term sentiment, reinforcing its commitment to a measured and data-driven approach.
Speaking at the Governors’ New Year media engagement, Governor Dr. Johnson Asiama said the central bank’s focus remains on evidence, risks, and the medium-term outlook for price and financial stability.
“Our decisions are data-driven and forward-looking. We do not respond to pressure, speculation, or sentiment. We respond to evidence, risks, and the medium-term outlook for price and financial stability,” he stated.
Dr. Asiama stressed that while rumours and market chatter often push for quick fixes, the Bank prioritises stability over speed.
“In rebuilding credibility and restoring order, quick fixes are rarely durable. Our focus has been on policies that can be sustained, even when they are uncomfortable in the short term,” he added.
He said this approach is critical to maintaining the credibility of the Bank of Ghana and ensuring that gains in inflation control, liquidity management, and market confidence are not undermined by reactionary decisions.
The Governor also reassured the public and investors that the Bank will continue to communicate its policy intentions clearly, providing predictability and reinforcing trust in the central bank’s long-term strategy.
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