Central Bank Governor on making policy decisions under uncertainty

Central Bank of Kenya (CBK) Governor Kamau Thugge.

Photo credit: Joseph Barasa | Nation Media Group

The Central Bank of Kenya (CBK) on Wednesday held its monetary policy meeting, where it maintained its benchmark lending rate at 8.75 percent amid jitters about the impact of global oil prices on inflation.

The retention of the benchmark rate at a second CBK meeting in a row summed up the underlying uncertainty that characterises the monetary policy environment.

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