wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

3 Pages123>
Nov Inflation update: 19.72% up from 18.9% in Oct
Options
Previous Topic · Next Topic
Mainat
#1 Posted : Tuesday, November 29, 2011 10:50:57 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
via B Gachenge before you ask rink.
This means CBR is unlikely to be cut on Thursday. NSE baado.
Sehemu ndio nyumba
Back to top
  |
Eric_Nyamu
#2 Posted : Tuesday, November 29, 2011 10:58:21 AM
Rank: New-farer

Joined: 10/6/2011
Posts: 84
aiiiiiiiiiiiii !!!!!!!!!!!!!! but its raining ???
Back to top
  |
the deal
#3 Posted : Tuesday, November 29, 2011 11:00:04 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Thats an alarming figure I now see CBR being hiked by another 100 basis points...the bourse has factored in these bad news smile
Back to top
  |
mwekez@ji
#4 Posted : Tuesday, November 29, 2011 11:09:03 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Back to top
  |
youcan'tstopusnow
#5 Posted : Tuesday, November 29, 2011 11:15:56 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Mainat wrote:
via B Gachenge before you ask rink.
This means CBR is unlikely to be cut on Thursday. NSE baado.

Catalyst for sub 3K?Sad
GOD BLESS YOUR LIFE
Back to top
WWW
  |
mwekez@ji
#6 Posted : Tuesday, November 29, 2011 11:18:26 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
the deal wrote:
Thats an alarming figure I now see CBR being hiked by another 100 basis points...the bourse has factored in these bad news smile


... T Bill rates ^^^^ smile
Back to top
  |
Cde Monomotapa
#7 Posted : Tuesday, November 29, 2011 11:32:25 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
I see no use for a rate hike this week. Inflation (fuel & energy) will ease in Dec. I'd prefer CBR be maintained @16.5 just to manage inflation expectations downwards.
Back to top
  |
ecstacy
#8 Posted : Tuesday, November 29, 2011 11:44:29 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
economically, things are elephant
Back to top
  |
KulaRaha
#9 Posted : Tuesday, November 29, 2011 11:50:56 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Interesting situation, given previous CBK moves of "wait and see" have led us to the situation we are in now.

Will they raise rates or hold tight? I'd think it might be smarter to raise again, since it seems this inflation is not coming down soon.
Business opportunities are like buses,there's always another one coming
Back to top
  |
jerry
#10 Posted : Tuesday, November 29, 2011 11:51:15 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Eric_Nyamu wrote:
aiiiiiiiiiiiii !!!!!!!!!!!!!! but its raining ???

@We've only planted and have not reaped yet!
The opposite of courage is not cowardice, it's conformity.
Back to top
  |
GGK
#11 Posted : Tuesday, November 29, 2011 12:06:09 PM
Rank: Member

Joined: 11/21/2006
Posts: 608
Location: Ruiru
Am off to Somalia,

Let me know when things improve
"..I am because we are. "― Ubuntu, Umtu,
Back to top
  |
the deal
#12 Posted : Tuesday, November 29, 2011 12:12:50 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Despite the liquidity crunch banks are still growing their loan books by 20+% the tightening has to continue

Also remember Kenya Current account deficit stands at 577 bln any loosening will sent it spiraling out of control...and the KES will be back above 100.
Only solution now is to choke economic growth with high CBR or let #Inflation choke it
Back to top
  | | Edit by user: Tuesday, November 29, 2011 12:25 PM | Reason: Not specified
hisah
#13 Posted : Tuesday, November 29, 2011 12:39:36 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
the deal wrote:
Thats an alarming figure I now see CBR being hiked by another 100 basis points...the bourse has factored in these bad news smile

If Volcker's script is being followed by CBK, at least I expect CBR hiked by 100bps, but I also see 200bps being implemented. CBK is running out of time to force a mini recession before the June 2012 budget. As at @kularaha states, this is a serious catch 22 situation. I'm fearing for small banks as everyone starts saving furiously with deposit rates hitting the roof. Luxury businesses like hotels, jewellery shops etc will feel cold as basic needs take 1st priority.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#14 Posted : Tuesday, November 29, 2011 12:44:22 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
I see no use for a rate hike this week. Inflation (fuel & energy) will ease in Dec. I'd prefer CBR be maintained @16.5 just to manage inflation expectations downwards.

I keep telling you mafuta iko na wenyewe. Unless a GFC is let loose again to force brent back to $80 or lower, the cost will sustain these levels!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
Cde Monomotapa
#15 Posted : Tuesday, November 29, 2011 1:56:06 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
hisah wrote:
Cde Monomotapa wrote:
I see no use for a rate hike this week. Inflation (fuel & energy) will ease in Dec. I'd prefer CBR be maintained @16.5 just to manage inflation expectations downwards.

I keep telling you mafuta iko na wenyewe. Unless a GFC is let loose again to force brent back to $80 or lower, the cost will sustain these levels!

On the back of a stronger KES comrade..don't bite me head off Laughing out loudly Laughing out loudly atleast Brent has been stable @$105-110 for a while now.
Back to top
  |
3 Pages123>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.