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Analysis of the interest rate pass through from the central bank rate to mortgage lending rates in Kenya

Amatta, Beryl Abuor
SU+ Digital Repository · Papers
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Monetary policy is deemed to be effective when the transmission process is complete; in this case , if it moves from the Central Bank Rate to the long term mortgage rate. However, the Central Bank of Kenya has often been criticized for its inability to force banks to reduce their lending rates. To
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