CBK Eases Lending: MPC Cuts Base Rate to 9.75% in Surprise Move

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In a slight but notable shift in monetary policy, the Central Bank of Kenya (CBK) has lowered its base lending rate to 9.75%, down from 10.00%, citing the need to support economic activity amid easing inflationary pressure and a fragile credit environment. The Monetary Policy Committee (MPC), chaired by CBK Governor Kamau Thugge, said the decision was aimed at balancing inflation co.......

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