April inflation rose at the quickest pace in seven years to 5.6 percent from 4.4 percent as the global oil price shock hit home.
By
Kepha Muiruri
Business Reporter
Nation Media Group
Banks expect the Central Bank of Kenya (CBK) to raise its benchmark rate for the first time since February 2024, in response to a spike in inflation and emerging currency pressures following the Iran war, which is likely to trigger an increase in borrowing costs.
Expert warns that rising energy costs could take inflation to 4.5 per cent this year
South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning…
Bank of England survey in March shows chief financial officers foresee 3.7% increase over coming year
Policymakers vote unanimously to hold rates at 3.75% after the Iran war prompts a reversal in the debate over borrowing costs.
Decision comes as concerns mount over economic fallout from conflict bringing fresh cost of living shock
Independent economist John Loos on whether the latest inflation numbers will result in an interest rate hike
Consumers face double blow as inflation rises and rate fears return
WATCH | Economist weighs rate hike after sharp rise in inflation
CBN holds benchmark interest rate at 26.5% amid renewed inflationary pressure - Businessday NG
Bank of England does not need to hike interest rates, says IMF — it may even need to cut
Bank Indonesia raises policy rate for first time in 25 months
Brace for price rise after fuel hike; inflation may increase 10-25 bps, RBI likely to reassess projections for yr
Bank Indonesia raises policy rate by 0.5 point, exceeding market expectations
Inflation quickens in April, backing case for rate hike next week
Bank Indonesia raises policy rate by 0.5%, exceeding market expectations
Fuel price hike pushes up cost of basic goods
