Several MPC meetings scheduled next week for Kenya, Nigeria and Ghana. What do we expect? We can't predict much considering the economic stats (monthly reviews) are behind by almost four months now. I'd assume the usual, keeping the rate unchanged, claiming that private sector credit hasn't grown (and puzzled statements as to why this hasn't happened) and saying that demand driven inflation is a non-issue. Our rate is down 100bp since November. We're still emerging from a higher base with a 17 straight decline in average annual inflation.

Despite double digit inflation in Nigeria, they need to promote private sector lending. Ghana's inflation outlook is similar to Kenya falling for the 14th straight month and experts expect a minor rate cut. I think there key rate is down about 500bp since November.

Brimng Back the DONDE BILL as the only way to bring bak rates in control

Sub-Saharan economies are the beneficiaries of highly favourable base effects, bumper crop harvests and lower crude prices. The Kenyan case has seen food and household inflation rise over the last four months but thanks to the telcoms price wars overall prices are down. But a closer look at the numbers just released for Kenya and it's biggest trading partner.

Uganda has seen the greatest change. Back in February 2009 m-o-m inflation was 14.3%, by February 2010 it was 8.1% but now only 0.3% in September 2010. What a dramatic change (off course helped by a change in the CPI calculation). Anyone feel like buying Ugandan T-bill?

Then there's Kenya that started with inflation of 14.69% in February 2009 to 5.18% in February 2010 and now only 3.21% in September 2010. What a unique trend for both interdependent economies. A lag for Uganda vs Kenya inflation?

How much inflation is enough inflation? Peter schiff looks at the historic rise of the Dow in September 2010. Watch the video blog below:

http://www.youtube.com/user/SchiffReport

http://www.youtube.com/u...port#p/a/f/0/Y_OHRJK8xFk

Ni leo. Please post when you hear something...

Pushing the rate to 5% will complicate a lot of issues