…joins six African peers in pausing rate cuts
Kenya’s central bank held its benchmark interest rate at 8.75 percent on Wednesday, pausing an easing cycle that has run for nearly two years as global uncertainty linked to the Middle East conflict clouds the inflation outlook.
The decision by the
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Bunmi Bailey
Bunmi holds a degree in Economics from the University of Lagos and has over eight years of experience in content writing and journalism.
Her career spans roles as a financial and business journalist at BusinessDay Media and TechCabal, and as Head of Research at SBM Intelligence, an Africa-focused market intelligence and strategic consulting firm.
She also served as Editor at Finance in Africa, a subsidiary of Businessfront and is currently Assistant Editor, Finance (Africa), at BusinessDay.
