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" interest rate"

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11/27/2022 12:00:56 PM
The CBE’s 200 bps policy rate hike aligned with our previously announced expectations of a 200 bps interest rate increase before year-end, which should help contain inflation, which reached 15.0% in September, and makes carry-trade more attractive.

Business - Economy
11/24/2022 10:48:48 AM
A majority of US Federal Reserve policymakers found that a slower pace of interest rate hikes would "likely soon be appropriate," the central bank said Wednesday.

Business - Economy
11/22/2022 12:34:31 PM
Hobbled by high interest rates, punishing inflation and Russia's war against Ukraine, the world economy is expected to eke out only modest growth this year and to expand even more tepidly in 2023.

Business - Economy
11/21/2022 2:42:04 PM
The Central Bank of Egypt (CBE) issued on Monday a circular to banks operating in the Egyptian market announcing they will no longer manage low-interest rate initiatives issued by the bank across several sectors in the country, handing off the responsibility to the Ministry of Finance

Business - Markets & Companies
11/17/2022 10:31:15 PM
Stocks fell on Wall Street and Treasury yields rose Thursday afternoon after more indications from the Federal Reserve that it may need to raise interest rates much higher than many people expect to get inflation under control.

Business - Economy
11/14/2022 11:33:01 AM
Asian shares were mixed in Monday trading as momentum faded from last week's rally on Wall Street amid varied sentiments about coronavirus restrictions easing in China and global interest rate increases.

Al-Ahram Weekly - Egypt
11/8/2022 10:50:01 PM
The Central Bank of Egypt is gradually meeting demands by the country’s importers for more hard currency, reports Safeya Mounir

Business - Economy
11/3/2022 2:32:13 PM
The Bank of England has announced its biggest interest rate increase in three decades as it tries to beat back stubbornly high inflation fueled by Russia's invasion of Ukraine and the economic policies of former Prime Minister Liz Truss.

Business - Economy
11/3/2022 11:01:44 AM
The Bank of England is widely expected to hike its key interest rate on Thursday by the biggest amount since 1989 as it bids to cool sky-high British inflation.

Business - Economy
11/3/2022 11:00:21 AM
Asian markets sank Thursday after the Federal Reserve hiked interest rates and boss Jerome Powell suggested they would go higher than expected, blowing a hole in hopes for a more dovish pivot in its fight against inflation.

Business - Economy
11/3/2022 10:41:09 AM
The Federal Reserve delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation taking on more weight amid the political maelstrom of key US midterm elections.

Business - Economy
11/2/2022 10:52:06 PM
The Federal Reserve delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation taking on more weight amid the political maelstrom of key US midterm elections.

Business - Markets
11/2/2022 4:11:26 PM
Stocks are opening modestly lower on Wall Street ahead of what traders expect will be another big interest rate increase from the Federal Reserve.

Business - Markets & Companies
11/2/2022 10:36:42 AM
Asian stocks were mixed Wednesday following losses on Wall Street as forecast-beating US data jolted hopes the Federal Reserve could soon tone down its hawkish pace of interest rate hikes.

Business - Economy
11/1/2022 6:34:03 PM
US central bankers started their two-day policy meeting Tuesday with persistently high inflation backing expectations of another rate hike, a fourth straight steep increase as price pressures fail to ease quickly enough.

Business - Economy
10/27/2022 10:59:19 PM
Gold prices in the Egyptian market recorded a remarkable increase on Thursday a few hours after the latest rise in the value of the US dollar against the Egyptian currency and the rise of key interest rates.

Business - Economy
10/27/2022 6:57:09 PM
The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy's health has emerged as a paramount issue.

Business - Economy
10/27/2022 4:09:08 PM
The European Central Bank piled on another outsized interest rate hike aimed at squelching out-of-control inflation, increasing rates Thursday at the fastest pace in the euro currency's history and raising questions about how far the bank intends to go with the threat of recession looming over the economy.

Business - Economy
10/27/2022 1:41:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has raised the key interest rates in an unscheduled meeting by two percent (200 bps) to reach 13.25 percent, 14.25 percent, 13.75 percent, and 13.57 percent for the overnight deposit rate, the overnight lending rate, the rate of the main operation, and the discount rate, respectively.

Business - International
10/13/2022 3:38:01 PM
Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains that many have received and ensuring that the Federal Reserve will keep raising interest rates aggressively.

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