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What’s at stake as Kenya walks monetary policy tightrope
Credit, a critical engine for job creation and investment, has collapsed with the private sector experiencing a persistent credit squeeze as evidenced by the near-flat trajectory of credit growth.
All eyes are on December 5, 2024. With the recent appointment of four external members to the Central Bank of Kenya’s Monetary Policy Committee (MPC), the meeting date being their inaugural policy decision will be more than symbolic—it will also set the tone for Kenya’s economic direction heading into 2025.
The MPC convenes for its sixth and final meeting of the year, staying true to its bi-monthly schedule.
