The Central Bank of Kenya held its benchmark lending rate unchanged at 6.25%. The central bank Governor, Njuguna Ndung’u, said: “the tight monetary policy stance would not achieve the desired results at the moment if the supply sides of food, fuel and energy were not effectively being managed to signal relief to the constraints guiding inflationary expectations. It was noted that the growth of broad money supply has been below its target since September 2010 which rules out demand pull inflation.”