{"id":550101,"date":"2026-04-25T14:28:09","date_gmt":"2026-04-25T14:28:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/550101\/"},"modified":"2026-04-25T14:28:09","modified_gmt":"2026-04-25T14:28:09","slug":"inflation-drop-not-accidental-professor-ebo-turkson-credits-bog-policy-actions","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/550101\/","title":{"rendered":"Inflation drop not accidental &#8211; Professor Ebo Turkson credits BoG policy actions"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Inflation-drop-not-accidental-Professor-Ebo-Turkson-credits-BoG-policy-actions-2031552?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/04\/41183393.295.jpg\" alt=\"Ebo Turkson is a professor at the University of Ghana\u2019s Economics Department\" title=\"Ebo Turkson is a professor at the University of Ghana\u2019s Economics Department\" width=\"295\" height=\"173\" \/> <\/a>Ebo Turkson is a professor at the University of Ghana\u2019s Economics Department<\/p>\n<p id=\"article-123\">A professor at the University of Ghana\u2019s Economics Department, Professor Ebo Turkson, has attributed the recent decline in inflation to deliberate policy interventions by the central bank.<\/p>\n<p>Speaking on The Key Points on TV3 Ghana on Saturday, April 25, 2026, the Associate Professor of Economics stressed that inflation control is the result of intentional and targeted action, not chance.<\/p>\n<p>\u201cInflation has gone down as a result of the central bank\u2019s intervention to take liquidity out of the market,\u201d he said.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Business-mogul-RNAQ-counters-ex-wife-s-claims-in-divorce-narrative-battle-2031529\" rel=\"nofollow noopener\" target=\"_blank\">Business mogul RNAQ counters ex-wife\u2019s claims in divorce narrative battle<\/a><\/p>\n<p>Professor Turkson noted that high inflation remains one of the most destabilising forces in any economy, as it erodes predictability and weakens investor and consumer confidence.<\/p>\n<p>\u201cWhen inflation is high, it disrupts everything in the economy and undermines stability,\u201d he added.<\/p>\n<p>While commending the central bank\u2019s leadership for its role in restoring price stability, he acknowledged that such gains often come at a cost.<\/p>\n<p>\u201cWe should always weigh the benefits against the costs. Every economic policy comes with trade-offs. Price stability always comes at a cost,\u201d he said.<\/p>\n<p>His comments follow remarks by the Governor of the <a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3532\" rel=\"nofollow noopener\">Bank of Ghana<\/a>, Dr <a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=3824\" rel=\"nofollow noopener\">Johnson Pandit Asiama<\/a>, who indicated that the Bank\u2019s 2025 financial results will reflect costs linked to these stabilisation measures.<\/p>\n<p>FKA\/MA<\/p>\n","protected":false},"excerpt":{"rendered":"Ebo Turkson is a professor at the University of Ghana\u2019s Economics Department A professor at the University of&hellip;\n","protected":false},"author":2,"featured_media":550102,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-550101","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/550101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=550101"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/550101\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/550102"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=550101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=550101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=550101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}