Central Bank of Zambia hikes rate, ready to tighten again if CPI risesCentral Bank Newson 18 February 2021 at 21:09 on 18 February 2021 at 21:09 on 18 February 2021 at 21:09 AFRICAN MARKETS: Business News

Zambia’s central bank raised its key interest rate for the first time since November 2019 to contain rising inflation and anchor inflation expectations, and said it was “ready to adjust the policy rate upwards further should inflationary pressures persist.”

Zambia’s central bank raised its key interest rate for the first time since November 2019 to contain rising inflation and anchor inflation expectations, and said it was “ready to adjust the policy rate upwards further should inflationary pressures persist.”Read More

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