Ghana

Economists are divided over whether Ghana’s central bank will extend its easing cycle or keep rates unchanged before elections. Those expecting no change cite concerns over inflation, which increased to 22.1% in October, putting the year-end target of 18% at risk. The economy grew 6.9% in Q2, the fastest pace in five years, while recent Eurobond debt restructuring led to Fitch removing default status and Moody’s upgrading the country.