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بوابة أخبار اليوم
Egypt Central Bank to Decide on Rates
Based on the analysis of the article's content, it is clear that the Central Bank of Egypt will hold a meeting tomorrow to determine the interest rates on deposits and loans. Experts widely expect the rates to remain unchanged due to the high inflation rate of 14.9%, with projections of it rising to 16.7% in the second half of 2026. The bank aims to monitor the impact of inflationary pressures resulting from rising energy costs and the geopolitical situation, with decisions primarily based on the stability of inflation and the Egyptian pound. Financing remains steady, though a rate increase could be considered if inflationary conditions intensify. Currently, there are no expectations of a rate cut, as the focus remains on monitoring inflation without putting additional pressure on economic activity.
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