Falling inflation: Market correction or a shrinking economy?

 

Money falling from one hand to another in the concept of droping inflation. [Getty Images]

The topic of market correction has always been close to former National Treasury and Economic Planning Cabinet Secretary Prof Njuguna Ndung’u’s heart.

On one occasion, he narrated how during his tenure as the Central Bank of Kenya (CBK) Governor, someone confronted him with the claim that many Kenyans did not feel the economic...