The Central Bank of Kenya (CBK) has kept its benchmark interest rate unchanged at 8.75 percent, saying the current policy stance remains necessary to control inflation and support economic stability. The decision was made during a meeting of the Monetary Policy Committee (MPC) held on June 9, 2026. CBK said inflation increased in recent months
International oil prices increased in the week endings on May 14, 2026. In the CBK weekly report published on May 15, crude oil increased from $89.13 (Ksh 11533.42) per barrel on May 7 to $94.84 (Ksh 12272.30) per barrel on May 14. CBK said the increase is due to uncertainty arising from the ongoing war
Concerns about inflation persisted while global prices decreased during the week ending May 7, 2026. This is according to the Central Bank of Kenya (CBK) weekly report published on Friday, May 9. In the report, CBK said the inflation concerns were driven by sustained underlying price pressures, particularly in services and energy. U.S. labour market
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