The central bank of Kenya left its key interest rate steady at 8.75% for a fourth consecutive meeting in October 2026, saying it saw inflation staying within its target range in the short term despite edging up in the past three months. Inflation in Kenya reached 6.8% in September 2026, its highest level since January 2024. Policymakers noted that government interventions, including subsidies and the temporary reduction of VAT on fuel, continue to mitigate inflationary pressures. The central bank also revised upwards its 2026 growth forecast to 5% from 4.9% seen in August, with El Ni