Monetary Policy Committee

Central Bank Rate hike affects performance of NSE

The decision by the Monetary Policy Committee (MPC) to raise the Central Bank Rate (CBR)…

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,…

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…

Assessing Kenya’s economic trends in 2023

In 2023, Kenya experienced an economic growth of 5.5%, marking a decline from the 6.0%…

Economic crossroads: Examining Kenya’s unexpected interest rate surge

  The Monetary Policy Committee (MPC) recently implemented an unanticipated 2.0% increase in the Central…

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…

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…

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