MPC Holds Policy Rate at 26% as Inflation Pressures Persist
The Reserve Bank of Malawi (RBM) has maintained the Policy Rate at 26.0 percent following its fourth Monetary Policy Committee (MPC) meeting of 2025.
The Committee also kept the Lombard Rate at 20 basis points above the Policy Rate and retained the Liquidity Reserve Requirement (LRR) at 10.0 percent for domestic currency deposits and 3.75 percent for foreign currency deposits.
The decision reflects persistent inflationary pressures, with headline inflation edging up to 28.1 percent in the third quarter of 2025 from 28.0 percent in the previous quarter.
The annual inflation forecast was revised slightly upward to 28.9 percent from 28 percent.
Author's summary: MPC keeps policy rate unchanged at 26% due to inflation.
- Policy Rate: 26.0 percent
- Lombard Rate: 20 basis points above the Policy Rate
- Liquidity Reserve Requirement (LRR): 10.0 percent for domestic currency deposits and 3.75 percent for foreign currency deposits
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