Core Viewpoint - The Central Bank of Kenya (CBK) has lowered the benchmark interest rate from 9.5% to 9.25%, marking the eighth consecutive rate cut since August 2024, aimed at stimulating lending to the private sector and supporting economic activity [1] Summary by Relevant Categories Monetary Policy - The CBK's decision to reduce the interest rate by 25 basis points is intended to encourage banks to lend more to the private sector [1] - There is potential for further easing of monetary policy while ensuring inflation expectations remain stable and the exchange rate is maintained [1] Private Sector Credit - Private sector credit has rebounded to 5% in September, following a decline to 3.3% in August and 2.9% in January 2025 [1] - The recovery in lending is particularly evident in the manufacturing, construction, and durable goods sectors [1]
肯央行连续第八次降息，利率降至9.25%
Shang Wu Bu Wang Zhan·2025-10-15 17:10