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Story summary
- The Bank of Zambia cut its policy rate by 75 basis points to 13.50% on February 11, 2026.
- Inflation fell to 9.4% in January, supporting the easing, despite slow progress in debt restructuring.
- Governor Denny Kalyalya cited a stronger kwacha and improved agriculture as factors.
- The Bank of Zambia now expects inflation to reach 6%-8% by Q2 2026, helped by mining-sector foreign exchange and rising copper prices.
