Fitch Solutions maintains its policy rate forecast of 14% by December 2026

According to the UK-based firm, persistent single-digit inflation drives will compel the Bank of Ghana to keep the benchmark policy rate unchanged at the final MPC meeting of 2026 in November.

This follows the unchanged policy rate of 14% by the Bank of Ghana at the recent Monetary Policy Committee (MPC meeting.

Price pressures have been contained by the lagged effects of earlier monetary tightening, favourable base effects and a stronger cedi from a year-on-year perspective”, it said in its macro insight on Ghana.