Central Bank of Egypt to cut interest rates, expert says

[rau]

Central Bank of Egypt to cut interest rates, expert says

Banking expert Tarek Metwally anticipates the Central Bank of Egypt (CBE) to cut interest rates by 200 basis points (equivalent to two percent), despite rising fuel prices and the potential for the return of inflation. The Central Bank’s Monetary Policy Committee will hold its meeting on Thursday – its second meeting regarding interest rates in …

The post Central Bank of Egypt to cut interest rates, expert says appeared first on Egypt Independent.

Source: Central Bank of Egypt to cut interest rates, expert says