Inflation expectation, which has been low and stable, may increase with higher resource utilization, particularly in labor. Moreover, although firms are likely to continue to restrain labor costs, they may change their attitude with the aim of hiring or retaining skilled workers. These potential changes would exert upward pressure on prices.
As the regulator for the Banking Sector, the Central Bank is pleased to be associated with the achievements of the banks we regulate, particularly where these developments lead to increased access to banking services for the Kenyan public. This is what Fina Bank is doing this evening.