The Reserve Bank of Malawi has cut its benchmark policy rate by 200 basis points to 24 percent, citing a gradual easing of inflationary pressures, according to Malawi24. Malawi24 quotes Monetary Policy Committee chairperson George Partridge saying the inflation outlook now allows a “cautious reduction,” while keeping policy tight enough to steer inflation toward the medium-term objective.
Malawi24 reports the central bank said headline inflation eased to 27.7 percent in the fourth quarter of 2025 and fell further to 24.9 percent in January 2026, with the January slowdown linked largely to falling food prices after measures to boost maize supplies. Malawi24 adds that non-food inflation pressures, including fuel and electricity, were still weighing on prices.
Reuters also reported the rate cut via MarketScreener, noting the decision follows a run of disinflation and will be watched for its implications for borrowing costs and economic activity, according to MarketScreener.