MONEY MARKETS WITH STEPHEN KABOYO: BoU expected to cut April 2020 CBR; Shilling stabilises after a string of losses

BOU to cut the policy rate for April 2020 Globally Central Banks have reacted en masse to prop up their economies in the face of the Covid-19. BOU is expected to move alongside its peers and slash its policy rate; a bigger cut than usual is expected to send a much strong signal in light of the severe risks that the economy faces. While a hawkish, warlike policy from the Central Bank, is n