EAZ argues inflation largely influenced by external factors … Backs BoZ for maintaining MPR at 13.5%

By Jane Chanda  The Economics Association of Zambia (EAZ) has backed the Bank of Zambia for Maintaining the monetary policy rate at 13.5 percent, arguing that inflationary pressures are largely influenced by external factors. In a press statement yesterday, Milambo noted that while inflation remained above the targeted 6-8 percent band, the Monetary Policy Committee...