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tightening cycle begins?

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kizee1		#1 Posted : Friday, March 25, 2011 3:18:19 PM
Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi		so today CBK has mopped KES 10bn, this and tuesdays rate hike might just be the beginning of a tightening cycle, inflation is 140bps above the comfort level of the regulator..so do wazuans beleive we are at the beginning of a tightening? in which case the rosey economic growth expected might not be acheived..any views wazuans?
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