The Central Bank of Kenya (CBK) is tipped to cut interest rates next year, benefitting from similar moves expected to be made by its peers in developed economies and a slowdown in inflation in the country.
While CBK has recently tightened its monetary policy by advancing the benchmark interest rate to 12.5 percent from 10.5 percent earlier this month, analysts expect the regulator to pivot as the cost of living falls and easing by major central banks reduces pressure on the shilling and competition for capital flows.
