Kenya's Central Bank Cuts Policy Rate by 25bps to 9.25%
BY MT Newswires | ECONOMIC | 10/07/25 12:08 PM EDT12:08 PM EDT, 10/07/2025 (MT Newswires) -- Kenya's central bank (CBK) Tuesday said its Monetary Policy Committee decided to lower the Central Bank Rate (CBR) by 25bps to 9.25% as inflation stays on target.
Kenya's overall inflation stood at 4.6% in September compared with 4.5% in August, and remained below the mid-point of the target range of 5%, more or less 2.5 percentage points. Core inflation declined to 2.9% in September from 3.0% in August, mainly on account of lower prices of processed food items, particularly maize flour, noted the central bank
Overall inflation is expected to remain below the midpoint of the target range in the near term, supported by stable energy prices, and continued exchange rate stability, wrote the CBK in its policy note
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