Ghana’s central bank is expected to reduce its key interest rate by 100 bps at the upcoming MPC meeting. This expectation follows a continued decline in inflation, which hit a 29-month low of 20.4% in August, down from 20.9% in July. The potential rate cut is bolstered by dovish signals from the Fed and comparisons to regional peers like Kenya and Uganda, which have real policy rates of 8.35% and 6.50%, respectively.