Feature: Kenya’s Interest Rate Dilemma: Why Cheaper Loans Aren’t Sparking Economic Revival
11 June 2025
The Central Bank of Kenya (CBK) has once again cut its benchmark Central Bank Rate (CBR) by 25 basis points to 9.75% in a bid to stimulate borrowing and economic growth. But despite a series of rate cuts, private sector credit growth remains sluggish, raising questions about whether monetary policy alone can revive Kenya’s slowing economy.
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