{"id":9968,"date":"2014-03-31T11:26:18","date_gmt":"2014-03-31T11:26:18","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=9968"},"modified":"2014-03-31T11:26:18","modified_gmt":"2014-03-31T11:26:18","slug":"second-mpc-meeting-takes-off-today","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/03\/second-mpc-meeting-takes-off-today\/","title":{"rendered":"Second MPC meeting takes off today"},"content":{"rendered":"<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/03\/bank-of-ghana1.jpg\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-9969\" alt=\"bank of ghana\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/03\/bank-of-ghana1.jpg\" width=\"128\" height=\"120\" \/><\/a>The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will today commence its second meeting for this year.<\/p>\n<p>The free fall of the cedi forced the Bank of\u00a0Ghana to\u00a0hold its first Monetary\u00a0Policy\u00a0Committee\u00a0meeting earlier than the scheduled date last month.<\/p>\n<p>This week\u2019s meeting which will be the 60th meeting will review developments in the economy.<\/p>\n<p>It is also expected that the committee will discuss and analyze whether new and revised measures it introduced in February to stop the cedi from further fall has yielded the expected results.<\/p>\n<p>It is also expected the bank may review the rules based on its findings.<\/p>\n<p>Meanwhile stakeholders in various sectors of the economy have called on the bank to review the rules.<\/p>\n<p>Early on the IMF\u2019s representative in Ghana Samir Jahjah told <b>Citi Business News<\/b> the central bank would have to listen to concerns raised and look at reviewing them.<\/p>\n<p>The meeting will be concluded with a press conference on Wednesday 2<sup>nd<\/sup> April, 2014 to announce the decision of the Committee on the appropriate positioning of the Bank\u2019s policy rate.<\/p>\n<p>The BoG\u2019s current policy rate stands at 18%.<\/p>\n<p>&nbsp;<\/p>\n<p>By: \u00a0Vivian Kai Mensah\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will today commence its second meeting for this year. The free fall of the cedi forced the Bank of\u00a0Ghana to\u00a0hold its first Monetary\u00a0Policy\u00a0Committee\u00a0meeting earlier than the scheduled date last month. This week\u2019s meeting which will be the 60th meeting will review developments in the [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":9969,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[4],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Second MPC meeting takes off today - Citi 97.3 FM - Relevant Radio. 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