LOOKING FOR A RAIN GOD ON INFLATION

A day after i mused about how a stubborn headache inflation is proving to be despite the tight monetary policy in place, the good governor also took a swipe at it. Looks like we are reading from the same script: Kenya inflation worships the rain god and does not listen to a group of technocrats balancing numbers.

The hint is on the influence of the good old agriculture on the economy.

Here is the article...the writer missed to correlate the effect of rain on dampening inflation irregardless of what monetary policy is in Kenya,  but DIG IN anyway:  http://www.businessdailyafrica.com/CBK-governor-sees-inflation-falling/-/539552/2981478/-/2406riz/-/index.html