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" interest rates"

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Business - Economy
3/30/2023 8:44:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) raised on Thursday key interest rates for the first time in 2023 by two percent (200 bps) in an attempt to control soaring inflation.

Business - Economy
3/29/2023 1:40:01 PM
The Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) is scheduled to convene on Thursday to review the key interest rates for the second time in 2023 amid broad expectations of a surge in interest rates by up to three percent (300 bps).

Business - Economy
3/22/2023 12:12:37 PM
European shares were mixed Wednesday after a day of gains in Asia ahead of a decision by the Federal Reserve on interest rates.

Business - Economy
3/14/2023 11:09:51 PM
The International Monetary Fund (IMF) is set to conduct on Wednesday 15 March its first review under the Extended Fund Facility (EFF) four-year arrangement $3 bln loan deal.

Al-Ahram Weekly - Egypt
3/14/2023 9:29:24 PM
Rising inflation rates are likely to prompt the Central Bank of Egypt to hike interest rates, reports Safeya Mounir

Business - Markets & Companies
3/9/2023 6:56:53 PM
Egypt’s gold market has been experiencing a significant fluctuation, particularly since the onset of the Russian-Ukrainian conflict and its related repercussions, which have led to an unprecedented inflationary wave and hikes in the exchange and interest rates.

Business - Economy
3/9/2023 12:49:35 PM
The one-year certificates of deposit (CDs), with 18 percent annual yield the National Bank of Egypt (NBE) and Banque Misr issued in March 2022, will mature on 19 March, raising questions about the local market's reaction.

Business - Economy
3/9/2023 10:20:04 AM
Egypt’s annual headline inflation surged in February to 31.9 percent, up from 10 percent in February 2022 and 26.5 percent last month, reported the Central Agency for Public Mobilisation and Statistics (CAPMAS) on Thursday.

Business - Economy
3/7/2023 6:33:07 PM
US interest rates will likely peak at a higher level than was previously anticipated due to January data that came in stronger than recent trends expected, Federal Reserve Chair Jerome Powell said Tuesday.

World - Region
3/6/2023 10:03:52 PM
Turkey's bickering opposition leaders ended months of fierce debate Monday and agreed to name the head of the main secular party as their joint candidate against President Recep Tayyip Erdogan in May 14 polls.

World - International
3/4/2023 10:37:45 AM
UN leader Antonio Guterres on Saturday slammed the world's rich countries and energy giants for throttling poor nations with "predatory" interest rates and crippling fuel prices.

Business - Economy
3/1/2023 10:19:55 PM
Stocks are slipping Wednesday as Wall Street braces for interest rates to stay higher for longer with inflation remaining stubbornly sticky.

Business - Economy
2/28/2023 6:28:16 PM
​For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot. Inflation was steadily slowing from painful heights. And growth and hiring remained surprisingly sturdy despite ever-higher interest rates imposed by the Federal Reserve.

Business - Economy
2/28/2023 5:48:06 PM
US and European stocks dipped Tuesday as dealers fretted that the Federal Reserve would push interest rates higher than expected and for longer as it battles stubbornly-high inflation.

World - International
2/28/2023 12:47:41 PM
Most Asian markets bounced Tuesday on bargain-buying after suffering a series of losses while Hong Kong stocks closed back in negative territory over fears the Federal Reserve will push interest rates higher than expected and for longer than feared as it battles stubborn inflation while

Business - Economy
2/21/2023 5:57:34 PM
Wall Street stocks fell early Tuesday following mixed results from Walmart and Home Depot as concerns about higher interest rates continued to weigh on markets.

Business - Tech
2/9/2023 4:41:58 PM
Egypt's telecom sector is facing a host of challenges in the local market, such as high interest rates, depreciation of the Egyptian pound, and surging inflation, according to CEO of Etisalat Egypt Hazem Metwally.

Business - Economy
2/9/2023 12:01:00 PM
Egypt’s annual headline inflation maintained its upturn in January, recording 26.5 percent, up from eight percent in January 2022 and 21.6 percent in December 2022, the Central Agency for Public Mobilisation and Statistics (CAPMAS) said on Thursday.

Business - Economy
2/8/2023 3:15:30 PM
For the first time since May 2022, Moody’s has downgraded Egypt’s credit rating, Egypt's long-term foreign- and local-currency issuer ratings, from B2 to B3, changing the outlook from negative to stable, Moody’s Investors Service said on Tuesday.

Al-Ahram Weekly - Economy
2/7/2023 10:19:42 PM
The Central Bank of Egypt has opted to keep interest rates unchanged to give the market a chance to digest the effects of the hikes it introduced last year, writes Doaa Abdel-Moneim

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