The benchmark lending rate has been lowered from 9.50% to 9.25%.
Kenya’s central bank, Central Bank of Kenya (CBK), has reduced the Central Bank Rate (CBR) for the eighth consecutive time by 25 basis points to 9.25% from 9.50% on 7 October 2025.
The Monetary Policy Committee (MPC) explained that this benchmark lending rate cut aims to encourage banks to increase lending to the private sector, thereby boosting economic activity and keeping inflation expectations stable.
The committee also noted that inflation remains well-controlled, with consumer inflation at 4.6% in September, slightly up from 4.5% in August but still within the target range of 2.5% to 7.5%.
