The Central Bank of Kenya (CBK) has extended its longest uninterrupted easing cycle to support economic growth and stimulate private-sector lending. The apex bank announced a reduction in the benchmark interest rate to 9.5% from 9.75%. This move, effective immediately, matches the median estimate of six economists in a Bloomberg survey and comes amid subdued […]
... Kenya’s Inflation Remains Subdued as Central Bank Cuts Rates for Longest Easing Cycle ... Naijaonpoint.