BoZ’s decision to maintain policy rate at 14.5% projects confidence on inflation – EAZ

By Jane Chanda  Economics Association of Zambia (EAZ) president Oswald Mungule says the Bank of Zambia’s (BoZ) recent decision to maintain the Monetary Policy Rate at 14.5 percent shows its confidence in the current inflation trajectory, allowing the economy to absorb previous tightening effects. And economist Jerevas Tembo said Zambia’s promising maize harvest could help...

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