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The contemporaneous relationship between stock prices and monetary policy in Kenya

Wambul, Reuben Muhindi
SU+ Digital Repository · Papers
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interest-ratesmonetary-policy
Movements in the stock market can have a significant impact on the macroeconomy and stock prices are therefore likely to be an important factor in monetary policy decisions. In view of the raging debate on whether central banks should react directly to asset price movements, this paper attempts to m
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