Kenya not yet ready for more accommodative policy – Njoroge

Patrick Njoroge

Policymakers at the Central Bank of Kenya mulled adopting a more accommodative stance when they met on January 22, but decided to see how earlier actions play out before an interest rate cut could be on the cards.

“The committee noted that there was some room for accommodative monetary policy in the near term, as well as the risk of perverse outcomes,” Patrick Njoroge said in a statement published after the meeting.

Since the committee’s last meeting, Njoroge said inflation expectations had

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account