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Originally published by The Standard BusinessFebruary 19, 2026
1d ago
When fundamentals are stable but the patient is terrified
Kenya‘s Central Bank has reduced inflation without hurting the currency, lowered rates without causing capital flight and has established the credibility that gives Kenya options.  ..
✨ Key Highlights
Despite strong macroeconomic indicators such as a recent Central Bank of Kenya (CBK) rate cut to 8.75 percent and controlled inflation at 4.4 percent, ordinary Kenyans remain deeply concerned about their economic future. This disparity highlights a significant challenge in translating positive economic data into real-world confidence.
- The CBK has implemented ten consecutive rate cuts, totaling 425 basis points, since August 2024.
- Kenya boasts a stable shilling, 6.4 percent credit growth, and an expected GDP growth exceeding five percent.
- The article emphasizes that while the macroeconomic fundamentals are stable, consumer and business confidence is low, with many struggling to cope with rising costs and job uncertainty, creating a gap between official figures and daily reality.
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