Bank of Zambia raises policy rate to 14.5% to curb inflation.
THE Bank of Zambia (BoZ) Monetary Policy Committee has increased the Monetary Policy Rate by 50 basis points to 14.5 percent. Governor Danny Kalyalya said the move aims to steer inflation back to the 6-8 percent target band and anchor inflation expectations, which have remained elevated. Speaking at a media briefing, Dr. Kalyalya explained that […] The post Bank of Zambia raises policy rate to 14.5% to curb inflation. first appeared on Mwebantu.
Comrade
0
31
THE Bank of Zambia (BoZ) Monetary Policy Committee has increased the Monetary Policy Rate by 50 basis points to 14.5 percent. Governor Danny Kalyalya said the move aims to steer inflation back to the 6-8 percent target band and anchor inflation expectations, which have remained elevated. Speaking at a media briefing, Dr. Kalyalya explained that […]
The post Bank of Zambia raises policy rate to 14.5% to curb inflation. first appeared on Mwebantu.
