Hope for Cheaper Loans as CBK Maintains Lending Rate at 8.75 Per Cent

The Central Bank of Kenya (CBK) decided to maintain its Central Bank Rate at 8.75% during its meeting on April 8, 2026, due to stable inflation and resilient economic performance. Despite heightened global economic risks from conflicts in the Middle East, Kenya's inflation remained relatively stable at 4.4% in March 2026. The CBK noted that global growth, initially projected at 3.3% for 2026, is expected to moderate due to rising energy costs and reduced demand.