The government’s inclination to hold interest rates at the - TopicsExpress

The government’s inclination to hold interest rates at the current level could still benefit consumers if it results in stabilisation of the inflation rate, analysts have said. Bloomberg News on Monday quoted Treasury secretary Henry Rotich saying that the rising inflation rate was reducing CBK’s room to cut rates below 8.5 per cent. This gave a strong indication that the Central Bank of Kenya (CBK) would hold interest rates at the current level in forthcoming reviews. Via businessdailyafrica/-/539552/1931938/-/1vwrp2z/-/index.html

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