Our goal is to do so in way that maximizes economic growth while sustaining the significant progress that we have made in achieving price stability. I only have to compare my experience as a banker in the 1970s and early 1980s with the environment today to see the value of price stability.
In delivering this mandate, the Bank of Ghana’s operational framework for monetary policy involves adjusting interest rates to achieve the target inflation in the policy horizon. By this  BIS Review 90/2010  1  process, the stance of monetary policy is to continuously assess risks to growth and inflation and properly position the key policy rate to restore balance between inflation and growth.