Business
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Economy
6/1/2023 2:48:07 PM
Leading Federal Reserve officials are sending out stronger signals that they will forego an interest rate increase at the central bank's next meeting in June, though they indicate hikes could resume later this year.
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Egypt
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Politics
5/28/2023 5:54:32 PM
Egypt's parliament – the House of Representatives – provisionally approved Sunday legislative amendments to three laws stipulating new tax and fee hikes on a number of imported goods and entertainment activities despite being rejected by six political parties.
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Business
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Economy
4/25/2023 10:16:44 AM
The European Central Bank's chief economist on Tuesday said it was 'not the right time' to end interest rate hikes, despite easing inflation in the eurozone.
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Business
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Economy
4/19/2023 11:24:51 AM
UK inflation slowed last month but held above 10 percent on soaring food prices, official data showed Wednesday, further fuelling a cost-of-living crisis despite a series of aggressive interest-rate hikes.
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Business
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Markets & Companies
4/13/2023 12:18:01 PM
Global stocks were mostly higher Thursday after U.S. inflation eased and Federal Reserve officials said they expect fewer interest rate hikes this year to slow economic activity.
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Business
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Economy
3/23/2023 12:59:36 PM
The Bank of England has focused on fighting inflation with an 11th consecutive interest rate increase despite concerns about the economic fallout from troubles in the global financial system
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Al-Ahram Weekly
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Features
3/22/2023 12:25:00 PM
The makers of Egypt’s Ramadan lanterns are preserving their deep-rooted traditions despite recent price hikes.
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Business
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Economy
3/22/2023 10:28:38 AM
American banks will be paying especially close attention to the Federal Reserve's interest-rate decision on Wednesday, as the collapse of Silicon Valley Bank (SVB) continues to reverberate through financial markets.
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Business
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Economy
3/21/2023 2:56:12 PM
Egypt's parliament – the House of Representatives – approved Monday a bill amending the current FY2022/23 budget to earmark an additional EGP 165 billion to fund President Abdel-Fattah El-Sisi's new package of wage and pension hikes and social protection programmes.
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World
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International
3/20/2023 12:48:58 PM
Global stock markets sank Monday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a Federal Reserve meeting to decide on more possible interest rate hikes.
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Egypt
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Politics
3/19/2023 6:06:39 PM
Egypt's parliament – the House of Representatives – approved Sunday a government-drafted bill granting new wage hikes to government employees and a rise by 15 percent to pensions.
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Egypt
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Politics
3/15/2023 8:22:54 PM
Egypt's House of Representatives' Labour Force Committee approved Wednesday a raft of bills granting new wage hikes to government employees and a rise by 15 percent to pensions.
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Business
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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.
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Business
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Economy
3/9/2023 6:09:37 PM
Wall Street rose on Thursday but European stock markets fell as investors brace for US jobs data that they fear could prompt the Federal Reserve to ramp up interest rate hikes.
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World
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International
2/8/2023 6:23:56 PM
Europe's stock markets rose but Wall Street opened lower on Wednesday as investors digested President Joe Biden's calls for tax hikes and the latest interest rate signals from US Federal Reserve chief Jerome Powell.
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Al-Ahram Weekly
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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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Business
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Economy
2/6/2023 5:30:45 PM
Wall Street continued to reel before markets opened on Monday after strong U.S. jobs data last week fanned fears of more interest rate hikes.
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Business
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Economy
2/2/2023 2:23:12 PM
The European Central Bank chugged ahead with another outsized interest rate hike Thursday and vowed more to come, underlining its drive to subdue inflation even as the European economy slows and the U.S. Federal Reserve eases its pace of increases.
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Business
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Economy
2/2/2023 10:25:00 AM
America's Federal Reserve slowed its pace of interest rate hikes Wednesday, tempering an aggressive campaign to rein in costs as inflation cools while signaling the battle is not yet over.
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Business
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Economy
1/23/2023 5:51:20 PM
Stock markets headed higher Monday as investors eyed less aggressive US interest rate hikes this year with inflation starting to cool from sky-high levels
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