Zambia's Policy rate was changed from 8.5% points tom 9.0% in December 2021 by the Bank of Zambia. Discuss the four reasons that could support the change in the policy rates upwards.

2. what is the effect of the policy rate on the stock markets? answer should have inside citations and references at the end.

Answer rating: 100% (QA)

The change in the policy rate from 85 to 90 by the Bank of Zambia in December 2021 indicates an upward adjustment There are several reasons that could support such a change in the policy rates 1 Infla... View the full answer