Central Bank Rate hike affects performance of NSE
The decision by the Monetary Policy Committee (MPC) to raise the Central Bank Rate (CBR) to a 12-year high of ...
Sunday, May 5, 2024
Tag: Monetary Policy Committee
Kenyan banks suffer rare profit drop as loan defaults soar to KES 621billion
During the financial year ending in December 2023, loan defaults surged by KES 133.6 billion, surpassing levels seen during the ...
Kenya Bankers Association urges CBK to retain 8.75% lending rate
The Kenya Bankers Association (KBA) is advocating for the Central Bank of Kenya (CBK) to retain the existing 8.75% base ...
Assessing Kenya’s economic trends in 2023
In 2023, Kenya experienced an economic growth of 5.5%, marking a decline from the 6.0% growth observed in 2022. This ...
Economic crossroads: Examining Kenya’s unexpected interest rate surge
The Monetary Policy Committee (MPC) recently implemented an unanticipated 2.0% increase in the Central Bank Rate (CBR), elevating it ...
Tougher Times Ahead, With the Central Bank Rate Raised to 10.5%
On June 26, 2023, the Monetary Policy Committee voted to raise the Central Bank rate (CBR) by 100 basis points ...
MPC Hikes Interest Rates to 9.5% from 8.75%
On Wednesday 29, Monetary Policy Committee (MPC) raised Central Bank rate by 75 basis points to 9.5 percent from 8.75 ...
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