{"id":36631,"date":"2026-06-09T17:15:30","date_gmt":"2026-06-09T15:15:30","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=36631"},"modified":"2026-06-09T17:15:30","modified_gmt":"2026-06-09T15:15:30","slug":"kenyas-central-bank-maintains-main-lending-rate-at-8-75","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/kenyas-central-bank-maintains-main-lending-rate-at-8-75\/","title":{"rendered":"Kenya&#8217;s central bank maintains main lending rate at 8.75%"},"content":{"rendered":"<p>Kenya&#8217;s central bank kept its benchmark lending rate at 8.75% this Tuesday, the bank&#8217;s monetary policy committee said.<\/p>\n<p>&nbsp;<\/p>\n<p>Economists \u2060polled by <em>Reuters<\/em> had predicted the bank would hold the rate for the second policy meeting in a row.<\/p>\n<p>&nbsp;<\/p>\n<p>Inflation rose sharply in April and May, driven by fuel price hikes triggered by \u200cthe \u2060surge in global energy costs linked to the Iran war.<\/p>\n<p>&nbsp;<\/p>\n<p>At 6.7% year on year last month inflation is \u2060approaching the top of the government&#8217;s preferred 2.5%-7.5% range.<\/p>\n<p>&nbsp;<\/p>\n<p>The Central Bank of \u2060Kenya on Tuesday revised down its economic growth forecast for \u2060this year to 4.9% from a previous projection of 5.3%.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":36632,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-36631","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Kenya's central bank kept its benchmark lending rate at 8.75%","published_date":"2026-06-09 17:01:31","news_description":"Kenya's central bank kept its benchmark lending rate at 8.75%","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36631\/revisions"}],"predecessor-version":[{"id":36633,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36631\/revisions\/36633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/36632"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=36631"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=36631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}