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Weak shilling pushes inflation to new high

[Benjamin Sakwa, Standard] High cost of electricity, food and transport pushed up the cost of living in July as prices of products increased by 6.27 per cent compared to 5.7 per cent in June. The increase, also known as inflation, is the fastest in 22 months and …Read more





Weak shilling pushes inflation to new high

An attendant arranges maize flour at Khetia Supermarket in Kakamega town The staple food is in short supply with prices rising drastically last month Benjamin Sakwa Standard High cost of electricity food and transport pushed up the cost of living in
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Broad-based strength pushes ASX to record high

The Australian sharemarket jumped to a new record its own record high advancing 169 points or 02 per cent to 69283 Markets are bracing for the first Fed funds rate cut since December 2008 while a disappointing inflation print on Wednesday
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The Cleanest Shirt In The Dirty Laundry US Long-Term Treasuries

Assuming theres a recovery after the recession and that inflation could that we started a new recession in May when the 10-year yield reached a high of 255 then we might expect the
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Weak Inflation Pushes SP 500 to Record Highs

The large-cap stocks in the SP 500 zoomed a new record high on Thursday after a soft report on producer price inflation raised hopes the Federal Reserve will be forced to delay the pace and timing of its interest rate hikes later this year with no
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Kenya High Inflation Weak Shilling Slow Down Real Estate Growth

The decline in the number of investors seeking approval for construction of new buildings is an indicator of low economic expectations that many economists expect to persist in until both inflation and shilling change direction of movement Uncertainty
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Weak Shilling pushes lending rates up

In such circumstances an increase in the Central Bank Rate CRB is appropriately given the high inflation expectations he said Pressures on the exchange rate have persisted since the beginning of 2014 reflecting global conditions as well as
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