African policy makers are beginning to consider monetary policy as a tool that can help reduce poverty by protecting purchasing power of households, broadening access to credit and enhancing financial deepening. A case that is keen to analyze is that of Kenya in its inflation-targeting model which centers on the Central Bank Rate (CBR). This paper takes stock of the policy venue upon which the control of inflation can be pegged, the policy-rate dispensation process of policy transmission of welfare experience and the bearings of the empirical foundations on poverty reduction.
IRE Journals:
Samuel Omondi Otieno , Dr. Yasin Kuso Ghabon
"Impact of Kenya’s Monetary Policy on Poverty Rate" Iconic Research And Engineering Journals Volume 9 Issue 1 2025 Page 1547-1549
IEEE:
Samuel Omondi Otieno , Dr. Yasin Kuso Ghabon
"Impact of Kenya’s Monetary Policy on Poverty Rate" Iconic Research And Engineering Journals, 9(1)