'We don’t see much inflation coming from what has been proposed in the Finance Bill. So yes, we don't see an impact on inflation coming from the Finance Bill.'
By
Kepha Muiruri
Business Reporter
Nation Media Group
The Central Bank of Kenya (CBK) on Wednesday held its monetary policy meeting, where it maintained its benchmark lending rate at 8.75 percent amid jitters about the impact of global oil prices on inflation.
CBK’s core mandate entails maintaining price stability in the economy and has a set inflation target ranging from 2.5 percent to…
Analysts at the AIB-AXYs Africa say they expect a soft CBR increase, pushing the rate up from 8.75 to nine percent.
Major central banks around the world, including the US Federal Reserve, have adopted a similar stance, favouring the wait-and-see…
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.
Behind the CBN’s calm rate pause lies rising fear over inflation, political spending, and economic stability, writes Festus Akanbi
Lag in policy effects ruled out waiting for more evidence, Bank governor says
