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When fundamentals are stable but the patient is terrified

When policies reflect the realities people face, trust starts to rebuild. [Courtesy]

Kenya‘s Central Bank (CBK) just cut rates to 8.75 per cent. This marks ten consecutive cuts and a total of 425 basis points of easing since August 2024. Inflation is at 4.4 per cent.

The shilling remains stable, credit growth is at 6.4 per cent, and the gross domestic product (GDP) growth is expected to exceed five per cent.  

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