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Business
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Economy
9/29/2023 12:38:30 PM
Inflation that has been plaguing Europeans made a marked decline in September, strengthening hopes that consumers will eventually get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won’t have to further restrict the economy by raising interest rates from already-record highs.
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Business
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Economy
9/26/2023 12:46:34 PM
Markets fell further Tuesday as investors grew increasingly fearful about another possible US interest rate hike and the prospect they will be kept elevated for some time to combat persistent inflation.
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Business
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Economy
9/25/2023 7:03:47 PM
The head of the European Central Bank said Monday that interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong” in the 20 countries that use the euro currency.
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Business
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Economy
9/21/2023 9:20:18 PM
The Central Bank of Egypt (CBE) decided to maintain interest rates at current levels during its meeting on Thursday.
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Business
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Economy
9/21/2023 2:55:06 PM
Turkey's central bank on Thursday raised its key lending rate to a 20-year high following a sudden turn towards conventional economics by President Recep Tayyip Erdogan.
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Al-Ahram Weekly
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Economy
9/21/2023 2:55:00 PM
The Central Bank of Egypt is expected to decide against any further increase in interest rates at its meeting this week.
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Business
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Economy
9/20/2023 7:53:59 PM
The Federal Reserve is set to leave its key interest rate unchanged Wednesday as it seeks to guide the US economy toward a “soft landing" of cooling inflation without triggering a deep recession.
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Business
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Markets & Companies
9/20/2023 3:58:51 PM
Wall Street ticked higher early Wednesday ahead of a decision on interest rates by the Federal Reserve.
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Business
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Economy
9/20/2023 9:48:08 AM
Asian shares declined Wednesday as markets awaited a decision on interest rates by the Federal Reserve.
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Business
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Economy
9/15/2023 3:04:41 PM
Russia's central bank raised its key interest rate for the third time in two months on Friday as it grapples with higher inflation and a weaker ruble.
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Business
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Economy
9/10/2023 12:58:00 PM
Egypt’s annual headline inflation hit a record high of 39.7 percent in August, up from 38.2 percent in July, according to figures released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday.
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Business
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Economy
9/4/2023 10:54:13 AM
Asian stocks rose Monday on hopes the Federal Reserve has come to the end of its interest rate hiking cycle following a positive US jobs report.
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Al-Ahram Weekly
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Economy
9/2/2023 9:43:00 AM
The hike that the Central Bank of Egypt (CBE) applied to Egypt’s key interest rates last week could be a sign of further hikes up until the end of 2023 since three further meetings of the CBE’s Monetary Policy Committee (MPC), responsible for deciding on interest rates, have yet to be held.
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Business
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Economy
8/28/2023 10:26:20 AM
Asian shares were mostly higher Monday, as investors were relieved by the head of the Federal Reserve indicating it will “proceed carefully” on interest rates.
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Business
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Economy
8/24/2023 4:02:48 PM
Turkey’s central bank raised its key interest rate by an aggressive 7.5 percentage points on Thursday, in a new sign of a return to more traditional economic policies under President Recep Tayyip Erdogan.
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Business
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Economy
8/22/2023 12:39:03 PM
Asian stocks followed Wall Street higher on Tuesday as traders waited for signs of interest rate plans from this week's Federal Reserve conference.
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Business
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Markets & Companies
8/21/2023 12:50:43 PM
Most Asian markets fell Monday as China's decision to cut interest rates again failed to reassure investors, who are growing increasingly worried about the outlook for the world's number two economy.
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Business
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Economy
8/18/2023 12:56:21 PM
Asian markets mostly fell Friday on growing worries of another Federal Reserve interest rate hike and deepening concerns about China's economy, with the country's property crisis once again adding an extra layer of jeopardy.
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Business
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Economy
8/11/2023 2:41:05 PM
Stock markets dropped Friday after US and UK data pointed to the possibility of more interest-rate hikes this year from the Federal Reserve and Bank of England.
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Al-Ahram Weekly
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Egypt
8/11/2023 1:34:00 PM
The recent rise in interest rates has had little effect on real estate financing and the middle-income housing initiative.
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