CBK’s core mandate entails maintaining price stability in the economy and has a set inflation target ranging from 2.5 percent to 7.5 percent.

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 approach as the end of the Middle East war…