Further Rate Cuts Ahead
Country Risk / Zambia / Tue 21 Mar, 2017
The Bank of Zambia will continue to cut its key policy rate over 2017, after having reduced rates for the first time in five years in February. Inflation will remain in single digits over the year, and this will enable the central bank to take a more dovish monetary policy stance.
We expect the Bank of Zambia (BoZ) will enter a gradual rate