THE Zambia Institute for Policy Analysis and Research (ZIPAR) says it expects the Bank of Zambia (BOZ) to maintain the Monetary Policy Rate at 14.0 per cent during its announcement today. In November last year, BOZ raised its MPR by 50 basis points to 14.0 per cent, attributing the increase to actual and projected inflation, which remained above the 6-8 per cent target band. In an interview, Monday, ZIPAR Interim Executive Director Zali Chikuba said BOZ should maintain the MPR because of the persistent food and inflationary pressures. “I expect the Bank of Zambia to maintain the policy rate where it is. I am saying that because the pressures still persist and yet we may be saying that while food...