Monetary Policy Committee
latest news & developments
Tanzania projects 6.1% GDP growth as agriculture and mining support recovery
Inflation in mainland Tanzania is expected to remain within the 3% to 5% target range, supported by stable food supply and exchange rate stability
Reserve Bank cuts rate by 25 basis points to 7.25%
The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy
Reserve Bank likely to leave interest rates unchanged on Thursday
Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say
Has the Reserve Bank abandoned its economic growth mandate?
The central bank has maintained price stability but needs to focus on growth given the high unemployment rate.
Reserve Bank holds interest rate at 7.5%
The monetary policy committee said it remains vigilant amid risks to inflation outlook on the global and domestic front
Consumer inflation unchanged at 3.2% in February
With inflationary pressures heightened, the Reserve Bank might take a cautionary approach regarding its interest rate decision on Thursday
Reserve Bank cuts repo rate to 7.5%
This was despite the central bank highlighting upside risks to the inflation outlook
Reserve Bank expected to cut rates by 25 basis points this week
A third consecutive interest rate cut will help stimulate the economy, but the central bank will also be cautious about inflation pressures
Reserve Bank to cut interest rates further this week, economists say
What is expected to be the second cut in an interest rate easing cycle would bring relief to consumers ahead of the festive season
Reserve Bank cuts repo rate to 8%
This comes as inflation eased to 4.4% in August, below the midpoint of the Reserve Bank’s 3-6% target band
Reserve Bank hold repo rate steady despite inflation pressures
Governor Lesetja Kganyago said the central bank would wait for the inflation rate to fall within its 3% to 6% target before it makes a cut
Reserve Bank widely expected to hold interest rates this week
Consumer inflation remains sticky above the 4.5% midpoint of the central bank’s target range
Reserve Bank holds repo rate
Delivering the unanimous decision, central bank governor Lesetja Kganyago cited a still uncertain global outlook This content is restricted to registered users and subscribers.…
Disinflation uncertainty could push interest rate cuts to 2025
The US Federal Reserve’s ‘higher for longer’ stance and local election jitters have weighed on the rand, adding to price pressures This content is restricted to registered users…
MPC holds repo rate at multi-year high
Inflation is now expected to return to the Reserve Bank’s midpoint target at the end of 2025, later than previously forecast This content is restricted to registered users and…