Lowering MPR to 6.5 % can trigger higher inflation – Economist
• The call for the Central Bank to drop the MPR may be justifiable in certain circumstances.• However, the country is in a very difficult
Tag : Monetary Policy Rate
Bank of Zambia raises its benchmark lending rate to 10%
• The bank has cited rising food inflation and the need to contain inflation expectations.• Inflation moved away from the current and projected target range
BoZ raises Monetary Policy Rate to 9.50 percent
• The Monetary Policy Committee took into account the actual annual average inflation of 9.6% in quarter one.• BoZ projection is that inflation rate would
Kwacha hits K21 mark, threatens economic recovery
• The continued depreciation of the Kwacha is becoming of concern.• It threatens the recovery in terms of economic activity seen in the last two
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
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%