Monetary Policy Committee Stories

CBK cuts benchmark rate by 75 basis points to 12.0 per cent on easing inflation
Alfred Onyango  |  Oct 09, 2024

This is a 75 Basis Points slash, a larger cut compared to August's review when the apex bank lowered the benchmark lending rate by 25 basis points fro...

Government interest payments rise to Sh622.5 billion due to high borrowing costs
Lucy Mumbi  |  Oct 06, 2024

Data from the National Treasury show this raised the total amount the government pays in interest to Sh622.5 billion, compared to Sh533.1 billion in t...

What benchmark US Fed rate cut means for Kenya's economy and consumers
Alfred Onyango  |  Sep 19, 2024

Apex banks globally use the interest rates as either a gas pedal or a brake on the economy when needed.

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