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Inflation expectations still face upside risks domestically, globally: CBE - Dailynewsegypt
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Inflation expectations still face upside risks domestically, globally: CBE - Dailynewsegypt
The Central Bank of Egypt (CBE) has stated that inflation expectations remain exposed to upside risks stemming from both domestic and global factors, including regulated price adjustments exceeding projections and rising geopolitical tensions in the region. At its meeting last Thursday, the CBE’s Monetary Policy Committee (MPC) decided to reduce the bank’s key policy rates by 1 percentage point, setting the overnight deposit rate at 21%, the ove…
·Egypt
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