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Bank of Ghana cuts interest rate by 3%, its biggest drop ever, as inflation eases to 13.7%.
The Bank of Ghana has cut its benchmark interest rate by 300 basis points to 25%, its largest reduction in history, due to easing inflation.
This decision reflects growing confidence in the economy's disinflation trend, as inflation dropped to 13.7%.
The central bank expects inflation to fall within its target range by the end of 2025.
Despite potential risks like supply chain challenges, the bank remains committed to price stability and sustainable growth.
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El Banco de Ghana reduce la tasa de interés en un 3%, su mayor caída de la historia, a medida que la inflación disminuye a un 13,7%.