×
The Standard e-Paper
Home To Bold Columnists
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Central Bank of Kenya (CBK) held its benchmark lending rate at 8.75 per cent on Wednesday, defying mounting global inflation pressures to spare borrowers further increases in loan costs, even as it flagged rising energy prices and geopolitical tensions as key risks to the economy.
The Monetary Policy Committee (MPC), chaired by CBK Governor Kamau Thugge, said the current policy stance "remains appropriate to ensure that inflation expectations remain anchored within the target range, and the exchange rate remains stable."
Subscribe to our newsletter and stay updated on the latest developments and special offers!
Prefer the Standard on Google
