Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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hisah wrote:Sufficiently Philanga....thropic wrote:What's the humming bird saying? I see them slashing cbr by 100 basis points! I see the Stock market smiling tomorrow & a flight to safety at the Forex Mart!  I could be wrong! They need to cut by 100 - 200bps to start with. Obviously that will see USDKES shoot to around 88 - 90, but is that bad considering it reflects the econ fundies. KE econ is squeaking and needs credit jabs asap considering KRA has been given a miracle task of raising half of the 1.4 trillion crazy budget target. (100 + 200)/2 = 150 Le Prof must have logged into Wazua before convening the MPC meeting @SufficientlyP
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