ACCRA, Ghana (January 16, 2026) – African central banks are increasingly shifting from monetary tightening to easing as inflation rates fall to multi-year lows across the continent. After aggressive interest rate hikes in 2022–2023 to tame price surges, policymakers in countries from Ghana to Kenya have begun cutting benchmark rates in response to sharply lower inflation. The trend signals a new phase of monetary policy aimed at supporting growth now that earlier inflationar