×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Central bank holds main lending rate at 9.0 per cent, says inflation expectations within target

Central Bank of Kenya Governor Patrick Njoroge (PHOTO/ Standard)

NAIROBI, KENYA: Central Bank of Kenya (CBK) held its benchmark lending rate at 9.0 percent on Wednesday, saying inflation expectations remain within the target range.

It was the fourth consecutive decision by the bank to keep rates on hold since September.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in