Monetary Policy Committee Reduces Central Bank Rate to 11.25%
The Monetary Policy Committee (MPC) of the Central Bank of Kenya (CBK) has cut the Central Bank Rate (CBR) from 12% to 11.25% following its meeting on December 5, 2024. The decision aims to support economic activity, maintain exchange rate stability, and anchor inflation expectations amidst evolving global and domestic economic conditions. The MPC noted […]