Also known as: ECB
News reports
Order a long-term news report on European Central Bank
Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.
Verbatim sentences from the source article.
Joy Online
… Elsewhere, the European Central Bank is likely to raise interest rates by 25 basis points at least one more time this year to fight inflationary pressures, the International Monetary Fund said on Friday. …
Gold edges higher on softer oil; Fed rate outlook in focusJoy Online
… The US Fed is not alone in facing rising inflation since the Iran war, with the European Central Bank raising rates last week and the Bank of England set to make its own decision on Thursday.
US interest rates raised for first time in three yearsJoy Online
… It added that a further complication is the tightening bias re-emerging in major economies. “Renewed energy inflation is limiting the ability of the US Fed, European Central Bank (ECB) and Bank of England (BoE) to reduce rates. …
Pay close attention to monthly inflation, changes in T-bills, lending rates – PwC to CEOs, BoardsBusiness & Financial Times
… Similarly, the European Central Bank set a rate of approximately 2 percent against eurozone inflation of 4.2 percent and is effectively neutral. …
Real interest rate gap widest among single-digit inflation economies in AfricaJoy Online
… European Central Bank head Christine Lagarde, asked as she arrived if she was worried by a sell-off in global bond markets, replied to reporters: “I always worry, that’s my job.” ‘Summer of pain’ Claudio Galimberti, chief economist at Rystad Energy, told the BBC that the high lev …
Oil price slumps as Trump says he called off Iran attacksJoy Online
… European Central Bank head Christine Lagarde, asked as she arrived if she was worried by a sell-off in global bond markets, replied to reporters: “I always worry, that’s my job.” ‘Summer of pain’ As oil prices climbed above $111,Claudio Galimberti, chief economist at Rystad Energ …
Global oil prices and bond yields rise after Trump warns Iran over stalled peace talksBusiness & Financial Times
… This phenomenon is not unique to Ghana.The European Central Bank reported historic losses after years of tightening monetary policy and paying elevated interest on reserves following the post-pandemic inflation shock. …
Why BoG’s 2025 losses may be the price of macroeconomic recoveryJoy Online
… The European Central Bank (ECB) recorded a loss of €7.9 billion in 2024, which followed its first loss in nearly two decades in 2023. …
Guardian or Casualty? How BoG paid the price for economic stabilisationJoy Online
… The European Central Bank reported historic losses after years of tightening monetary policy and paying elevated interest on reserves following the post-pandemic inflation shock. …
The Cost of Stabilising Ghana: Why the Bank of Ghana’s 2025 losses may be the price of macroeconomic recoveryJoy Online
… Despite the figures, the Majority insists such outcomes are not unusual during periods of aggressive monetary tightening, pointing to similar experiences among major central banks globally. “Global experience shows that central banks such as the European Central Bank, the United …
Majority defends BoG losses, says they reflect cost of economic stabilisationGold prices edged higher on Monday supported by softer oil prices, with spot gold rising 0.3% to $4,175.60 per ounce. Investors are monitoring the Federal Reserve's interest rate outlook and inflation signals, including upcoming PCE data and the central bank's policy meeting next week.
19 October 2026 · Joy Online →
Gold prices edged higher on Monday supported by softer oil prices, with spot gold rising 0.3% to $4,175.60 per ounce. Investors are monitoring the Federal Reserve's interest rate outlook and inflation signals, including upcoming PCE data and the central bank's policy meeting next week.
19 October 2026 · Joy Online →
The Federal Reserve raised interest rates to 3.75%-4% from 3.5%-3.75% in a unanimous decision, citing persistent inflation above the target of 2%. Fed Chair Kevin Warsh said the move was necessary because inflation has remained too high for more than five years, despite opposition from President Donald Trump who called for rate cuts.
17 September 2026 · Joy Online →
PwC urges Chief Executive Officers and Boards to closely track monthly inflation (especially food and imported components), Treasury bill and bank lending rates, and government capital expenditure execution, citing global uncertainty from the Middle East conflict and its potential impact on commodity and financial markets. The firm notes Ghana's second-half outlook is increasingly exposed to global energy and geopolitical cycles, with the IMF projecting global growth of 3% and inflation of 4.7% in 2026, while a prolonged Middle East conflict could raise fuel, freight, and food production costs.
29 July 2026 · Joy Online →
Ghana carries one of the widest real interest rate gaps of any single-digit inflation economy in Africa, with a real rate of approximately 10.6 percentage points, which economists say is constraining private sector credit access despite the Bank of Ghana holding its policy rate steady at 14 percent with headline inflation at 3.4 percent in April 2026.
1 June 2026 · Business & Financial Times →
Brent crude oil dropped from $112 to $109 per barrel after US President Donald Trump announced he was holding off a military attack on Iran planned for Tuesday, at the request of Gulf states. Energy markets have been volatile following Iran's closure of the Strait of Hormuz in retaliation for US and Israeli strikes, a key shipping route through which about a fifth of the world's oil and liquefied natural gas passes.
19 May 2026 · Joy Online →
Oil prices rose after US President Donald Trump warned Iran the "clock is ticking" over stalled peace talks. Brent crude increased 1.7% to $111.13 and US-traded oil rose 2.1% to $107.62, amid broader concerns about inflation and a backdrop of tensions in the Middle East.
18 May 2026 · Joy Online →
A Bank of Ghana loss of GH¢15.6 billion in 2025 was largely driven by deliberate stabilisation policies—including open market operations, revaluation, and exchange-rate and gold reserve transactions—aimed at restoring economic confidence. The losses coincided with significant improvements in Ghana's macroeconomic indicators.
14 May 2026 · Business & Financial Times →
The Bank of Ghana reported a GH¢15.6 billion loss for 2025 alongside deepening negative equity, with observers questioning whether the central bank's stabilization efforts during Ghana's economic turbulence have left it financially weakened despite contributing to easing inflation, exchange rate stability, and improved investor confidence.
11 May 2026 · Joy Online →
The Bank of Ghana reported a GH¢15.6 billion loss for 2025, principally from open market operations, revaluation, exchange-rate losses, and gold reserve transactions. According to the source, these losses were a deliberate consequence of stabilisation policies that contributed to macroeconomic recovery, as central banks prioritise economic stability over profit maximisation.
8 May 2026 · Joy Online →
Parliament's Majority has defended the Bank of Ghana's 2025 losses—GH¢15.63 billion, up 65 per cent year-on-year—arguing that negative equity is an accounting condition reflecting deliberate policy actions to stabilise the economy rather than insolvency, and does not indicate financial distress.
5 May 2026 · Joy Online →
A Joy Online analysis argues that central banks, like governments providing infrastructure, should be judged by their contribution to price stability and financial security, not by accounting profits; the Bank of Ghana's policy costs should be evaluated by their success in reducing inflation and currency volatility.
1 May 2026 · Joy Online →
The Majority in Parliament defended the Bank of Ghana's expected loss of about GH₵15.7 billion for 2025, arguing that central bank losses linked to inflation-control measures are a global phenomenon and do not affect the BoG's authority to set monetary policy, manage foreign reserves, or supervise the financial system, which is defined by law rather than balance sheet performance.
30 April 2026 · Joy Online →