CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan

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CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan

American multinational financial firm J.P. Morgan anticipates interest rates in Egypt to be cut by six percent during the Central Bank’s meetings in April and June, by four percent in April and two percent in June. The financial services firm said inflation fell more than expected in February, supported by education and food prices, with …

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Source: CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan