Ghana central bank announces further rate hike to restrain inflationary pressure

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Ghana central bank announces further rate hike to restrain inflationary pressure

STORY: Ghana central bank announces further rate hike to restrain inflationary pressure DATELINE: Feb. 1, 2023 LENGTH: 00:03:02 LOCATION: Accra CATEGORY: ECONOMY SHOTLIST: 1. various of the Bank of Ghana 2. various of the MPC press briefing 3. various of the central business district 4. SOUNDBITE 1 (English): ERNEST ADDISON, Governor of the Bank of Ghana 5. various of the central business district 6. SOUNDBITE 2 (English): ERNEST ADDISON, Governor of the Bank of Ghana 7. various of the central business district 8. various of cocoa STORYLINE: Ghana's central bank announced a 100 basis points hike in its benchmark lending rate Monday to restrain inflationary pressure and support macroeconomic adjustments. Ernest Addison, Governor of the Bank of Ghana, announced this at a press briefing after the bank's Monetary Policy Committee (MPC) meeting. SOUNDBITE 1 (English): ERNEST ADDISON, Governor of the Bank of Ghana "The MPC sees the need to remain vigilant and moderate liquidity in the system to underpin the ma

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