Kenya: The Central Bank Cuts Rates for Sixth Straight Meeting.

The Central Bank of Kenya lowered its benchmark interest rate by 25 basis points to 9.75% in June 2025, marking a sixth consecutive cut. The Monetary Policy Committee noted that inflation eased to 3.8% in May from 4.1% in April, staying below the 5±2.5% target midpoint. The decision aimed to support lending and economic activity, with the bank citing room for further monetary easing. Domestic lending rates have been falling, and private sector credit growth has shown modest recovery. The committee also considered global risks, including US-China trade tensions, conflicts in Ukraine and Palestine, slowing domestic growth, and the fact that major economies central banks have continued to cut rates cautiously.