The Monetary Policy Committee (MPC) of the Bank of Ghana is set to convene an emergency meeting today, Wednesday, July 17, 2025, to assess recent economic developments.

The Central Bank announced that the meeting aims to review key economic indicators and trends observed over the past two months. The move deviates from the Bank’s published monetary policy calendar.

Sources indicate that the schedule change was prompted by a clash between the original MPC meeting date and the upcoming presentation of the mid-year budget review.

Earlier this month, on July 7, 2025, the Bank of Ghana revised the official MPC meeting date from Monday, July 28, to Wednesday, July 30.

As the emergency meeting gets underway, market watchers remain divided on the potential outcome regarding the policy rate. Some analysts are advocating for a rate cut, citing improved macroeconomic stability, while others believe the rate should be held steady to consolidate recent gains and manage inflation risks.

The outcome of the meeting is expected to provide direction on interest rates and signal the Central Bank’s policy stance amid ongoing efforts to maintain economic stability.