RBZ opts for caution over relief
...amid cooling inflation …economists back tough stance
LIVINGSTONE MARUFU / CLOUDINE MATOLA The Reserve Bank of Zimbabwe (RBZ) has opted for caution over relief, maintaining its policy rate at 35% despite easing inflation, in a move aimed at anchoring inflation expectations and consolidating fragile macroeconomic gains. RBZ Governor, Dr John Mushayavanhu, defended the decision, rejecting intensifying calls for an interest rate cut…
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