Wire · operational-macro
Kenya central bank holds key rate, sees inflation within target despite recent rise
Kenya's central bank kept the benchmark lending rate steady at 8.75% despite a slight rise in inflation to 6.8%, which remains within the target range, and revised up its economic growth forecast to 5.0% for 2026.
◆ ◆ The Wire takeaway
You face a steady borrowing cost environment in Kenya as the central bank holds rates despite rising inflation, signalling stable financing conditions but also caution on growth risks like El Niño. Adjust your capital plans now to reflect a stable rate but rising external vulnerabilities.
◆ Coverage
2 sources · 7 Oct 2026
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◆ Topics
kenyacentral-bankinterest-rateinflationmonetary-policyeconomic-growth