According to this announcement on the Zend Developer Zone, the latest version of the Zend Framework (still beta, but almost there!) has been released - Beta 0.9.3.

This is an update to the Zend Framework Beta Release. The Zend Framework developers have been working very hard to improve the quality every week, and this Beta Refresh release includes their efforts so far. There have been 77 issues fixed since 0.9.2.

Updates in this release also include major changes to several modules - Zend_Controller, Zend_Db, Zend_Filter_Input, Zend_Pdf, and Zend_Service. Check out the Changelog for complete information on the updates.

There's also some great news included:

The next release should be Zend Framework 1.0.0 release candidate 1. The purpose of the 1.0 release is to reach a state of feature and API stability, and future development must enforce backward-compatibility. When we reach the milestone of 1.0.0 RC1, we will create a branch in our source code repository.