The Monetary Policy Committee (MPC) of the Bank of Zambia held its sixth bi-monthly meeting for 2025 on November 13-14, 2025, to assess economic and financial developments and their implications for inflation and the overall economy.
Following deliberations, the MPC decided to lower the Monetary Policy Rate by 50 basis points to 9.25 percent from 9.75 percent.
Key Considerations:
The Committee noted that inflation has continued on a downward trajectory, falling to 7.2 percent in October 2025 from 8.1 percent in August 2025.
The next MPC meeting is scheduled for January 22-23, 2026.
