MPR adjustment will increase cost of borrowing – Economist
• This will ultimately increase the cost of doing business.• It will also reduce liquidity in the economy.• The move is good in terms of
Tag : Monetary Policy Rate
Bank of Zambia raises Monetary Policy Rate to 9.25%
• The decision was underpinned by the projection that inflation will increase and remain above the target range.• Inflation continued to decline in the fourth
Economist projects increase in Monetary Policy Rate
• Bank of Zambia is at least not expected to drop the MPR from the current 9.0 percent.• The Central Bank has to make a
MPC likely to maintain MPR at 9% – Economist
• This is in consideration of the maintenance of inflation rate at single digit.• Single digit inflation has been supported by fiscal consolidation measures arising
9.0% Monetary Policy Rate was expected – Economist
• MPR has been focused towards having to drive reduction in the inflation rate to a single digit.• Unfortunately, it’s not the MPR that has
BoZ maintains MPR at 9%
• The Committee considered the sharp deceleration in inflation in the second quarter of the year.• Inflation is projected to decline to averages of 11.4%
BoZ likely to maintain MPR at 9% – Economist
• The BoZ is likely to pursue a growth objective through the yet to be announced Monetary Policy Rate at its next briefing.• This is
BoZ maintains interest rate at 9%
• The decision to maintain the policy rate is due to the sharp decline in inflation rate.• Inflation is projected to decline towards the target
MPR upward adjustment will reduce money supply-Economist
• The main implication is that there will be a reduction in money supply.• There will be less money in circulation.• The adjustment is quite
Bank of Zambia raises Monetary Policy Rate to 9 percent
• This is to help steer inflation to single digits in 2022.• Inflation will still be above the upper bound of the 6 to 8