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Interest rates
ECHOKENYA
#1 Posted : Friday, May 14, 2010 4:05:47 PM
Rank: New-farer


Joined: 4/26/2010
Posts: 71
Location: Thika/Nairobi
Kenya’s central bank unexpectedly cut its key interest rate by 25 basis points to 6.75 percent on Tuesday, saying downside risks to the economic recovery called for measures to support growth.

The direction and magnitude of movements of the CBR will send the appropriate signal that inflation is not the significant threat it once was.
http://echoproperties.kbo.co.ke
Echo estate management Limited
VituVingiSana
#2 Posted : Friday, May 14, 2010 4:26:32 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Or just trying to get the lending interest rates down...

This should be good for most NSE firms...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Scubidu
#3 Posted : Friday, May 14, 2010 4:51:55 PM
Rank: Veteran


Joined: 9/4/2009
Posts: 700
Location: Nairobi
Especially for buy ratings on stocks. How many sell recommendations have you seen this year? Analysts are too spoilt.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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