Back to News
MPC Statement18 July 2025

Monetary Policy Committee Statement July 2025

Monetary Policy Committee Statement July 2025

The Monetary Policy Committee held its fourth bi-monthly meeting on July 10-11, 2025.

Decision:

The Committee decided to reduce the Monetary Policy Rate by 25 basis points to 9.75 percent from 10 percent.

The decision reflected the continued decline in inflation and improved inflation outlook.

Share this article

BoZ Assistant

Ask me anything about Bank of Zambia

Welcome to BoZ Assistant

I can help you with information about Bank of Zambia services, policies, and more.