The Bank of Ghana is seen lifting interest rates by as much as 175 basis points when rate-setters meet this month as the West African country looks to rein in galloping inflation.
A Reuters poll of eight economists conducted between 18 and 23 January expects rates to be upped to 28.8 per cent, being the median forecast.
While two experts anticipate that the Ghanaian apex bank would retain the current rate at 27 per cent, the rest expect upward adjustment within the range of 100 and 400 basis points.
