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Kenya: Rising Treasury Bill Yields Won't Derail Rate Cuts, CBK Governor Thugge Says

[Capital FM] Nairobi -- Central Bank of Kenya (CBK) Governor Kamau Thugge says rising Treasury bill yields will not undermine the transmission of monetary policy to commercial bank lending rates.

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US producer inflation cools in July

US producer inflation cooled in July on a year-on-year basis, government data showed on Thursday, as energy prices dropped from the prior month following an earlier surge due to war in the Middle…

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