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" Interest Rate"

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Business - Economy
6/12/2024 9:53:54 PM
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March.

Business - Economy
6/12/2024 6:11:56 PM
Stock markets surged Wednesday after data showed US inflation slowed in May, raising hopes the Federal Reserve will cut interest rates later this year.

Business - Economy
6/10/2024 4:04:58 PM
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts.

Business - Economy
6/10/2024 12:29:43 PM
Egypt's annual headline inflation rate has maintained its downturn trend for the third consecutive month, dropping to 27.4 percent in May from 31.8 percent in April, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Monday.

Business - Economy
6/9/2024 5:32:12 PM
The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the number of cuts it has penciled in for this year, as policymakers digest a mixed bag of economic data.

Business - Economy
6/6/2024 4:23:20 PM
The European Central Bank made its first interest rate cut since 2019 Thursday, reducing borrowing costs from record highs, but gave few clues about its next move while warning of continuing inflation pressures.

Business - Markets & Companies
6/5/2024 4:07:36 PM
Europe's equity markets climbed Wednesday with traders boosted on the eve of an expected interest-rate cut by the European Central Bank, but Asia slid on renewed US economic worries.

Business - Markets & Companies
6/4/2024 6:07:01 PM
US stocked ticked lower in early trading Tuesday, as investors reacted to underwhelming recent economic data and prepared for the release of key payroll data later this week.

Business - Economy
6/3/2024 6:01:36 PM
Wall Street stocks climbed early Monday ahead of a heavy news week that includes US jobs data and an expected interest rate cut from the European Central Bank.

Business - Economy
5/24/2024 1:11:00 PM
The Central Bank of Egypt (CBE) decided to keep the current key interest rates unchanged in its Monetary Policy Committee (MPC) meeting, the last in FY2023/2024, held on Thursday.

Business - Economy
5/23/2024 12:10:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will convene Thursday to decide on key interest rates for the last time in FY2023/2024, amid expectations that it will maintain the current interest rates as inflation rates have started to take a downward path over the past two months.

Al-Ahram Weekly - Economy
5/22/2024 9:16:00 AM
With the slowdown in inflation and new inflows of foreign funds, the Central Bank of Egypt is likely to keep interest rates unchanged at its meeting this month.

Business - Economy
5/9/2024 12:33:09 PM
Egypt’s headline inflation rate decelerated, for the second consecutive month, in April to 32.8 percent, down from 33.1 percent in March, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced Thursday.

Business - Economy
5/2/2024 11:22:01 AM
The US Federal Reserve on Wednesday held interest rates steady for a sixth straight meeting, keeping the level at a 23-year high to fight stubborn price increases.

Business - Markets & Companies
4/30/2024 5:21:18 PM
Eurozone equities sagged Tuesday, weighed down by the strong euro as investors digested bright economic news, while London hit another record peak on earnings-driven optimism.

Business - Economy
4/23/2024 3:01:53 PM
The Central Bank of Egypt (CBE) is expected to cut the key interest rates in May by two percent (200 bps), based on its view of inflation decreasing to 20 percent by the end of 2024, the US-based investment bank Goldman Sachs said in a research note.

Business - Economy
4/23/2024 11:02:53 AM
Asian markets mostly rose Tuesday and London hit a fresh record, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve's interest rate plans ahead of the release of key US growth and inflation data.

Business - Economy
4/18/2024 1:40:23 PM
Major stock markets in Asia and Europe mostly rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon.

Business - Economy
4/16/2024 11:13:11 PM
The US Federal Reserve's ongoing fight against inflation could take "longer than expected," the head of the US central bank said Tuesday, further paring back the chances of early rate cuts.

Business - Economy
4/11/2024 3:58:36 PM
The European Central Bank held interest rates steady again Thursday but said slowing inflation could open the door to easing monetary policy, raising hopes of a first cut in June.

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