CBK held its benchmark unchanged at 8.75 percent in June for a second consecutive time, maintaining a wait-and-see stance on the inflationary trend.
By
Kepha Muiruri
Business Reporter
Nation Media Group
Commercial banks expect the Central Bank of Kenya (CBK) to keep its benchmark rate unchanged at 8.75 percent at its policy meeting next week amid ongoing uncertainty in the Middle East, which has kept the apex bank on edge over inflation expectations.
'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…
Analysts at the AIB-AXYs Africa say they expect a soft CBR increase, pushing the rate up from 8.75 to nine percent.
CBK has maintained the benchmark lending rate at 8.75 per cent for the third consecutive time since February, citing a positive…
CBK’s core mandate entails maintaining price stability in the economy and has a set inflation target ranging from 2.5 percent to…
Major central banks around the world, including the US Federal Reserve, have adopted a similar stance, favouring the wait-and-see…
Kenya’s central bank has kept its benchmark interest rate at 8.75 percent for a third consecutive meeting, saying the current…
