Kenya leaves benchmark lending rate unchanged on inflation jitters

Author: James AnyanzwaPublished on: April 10, 2026Country: Kenya

Business & Economy

Kenya leaves benchmark lending rate unchanged on inflation jitters

The Central Bank of Kenya (CBK) has kept its benchmark lending rate at 8.75%, marking 10 consecutive cuts. This decision aims to control inflationary pressures caused by the war in the Middle East and rising energy and fertilizer costs. CBK Governor Kamau Thugge stated that the bank will closely monitor the impact of this decision on both the national and global economies.

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