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Rank: Veteran Joined: 11/13/2015 Posts: 1,653
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obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% CBR is a useless lever. It transmits very little in terms of monetary policy. With credit growth at levels of 2008 level perhaps using the cash ratio will do more.
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Rank: New-farer Joined: 5/7/2014 Posts: 40
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obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time?
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Business opportunities are like buses,there's always another one coming
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Swenani wrote:KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% So @maka was in the know  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Swenani wrote:KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% More depression for SMEs
KQ ABP 4.26
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Angelica _ann wrote:Swenani wrote:KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% So @maka was in the know I suspect @Maka to be a photocopier operator at CBK and KQ-He ends up knowing things which were printed and photocopied by the SMT and board If Obiero did it, Who Am I?
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Swenani wrote:Angelica _ann wrote:Swenani wrote:KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% So @maka was in the know I suspect @Maka to be a photocopier operator at CBK and KQ-He ends up knowing things which were printed and photocopied by the SMT and board LOL. @Maka is a pilot bwana.. I know him personally
KQ ABP 4.26
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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A very street smart pilot; so could very well be also a service provider for photocopier services
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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obiero wrote:Swenani wrote:KulaRaha wrote:KenyanEconomist wrote:obiero wrote:MPC meets today. I will not be surprised if CBR is adjusted to 11% With slowing private sector credit growth, shouldn't they be thinking about adjusting downwards (to stimulate economic activity)? Why would they consider raising rates at this point in time? Dropping rates would hurt the shilling...they have been propping it up all month long. Retained at 10% More depression for SMEs Rate cap was nail in SME coffin. They're too high risk to lend at 14%. Business opportunities are like buses,there's always another one coming
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