Ghana Central Bank Warns of Middle East Inflation Risks

Governor Johnson Asiama warns that Middle East tensions pose risks to inflation. Rising gold prices may offset the impact before Wednesday's rate announcement.

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The escalating geopolitical tensions involving the United States, Israel, and Iran have emerged as a significant risk to the economic stability of Ghana, according to the nation's central bank governor. The ongoing conflict in the Middle East is expected to pressure inflation through increased oil costs and more restrictive global financial conditions, even as it drives up the price of gold.

Street vendors and shoppers navigate the crowded stalls of Makola market in Accra, Ghana, during late 2025. REUTERS/Francis Kokoroko
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