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Will CBE raise rates after Fed decision
The American Federal Committee has made a decision that may impact interest rates in Egypt, but domestic inflation remains the most important factor in determining the direction of the Central Bank of Egypt. This decision is expected to potentially bring about changes in the money supply and borrowing costs at the international level, while internal inflation continues to be driven by its fundamental causes related to the prices of goods and services in the local market. Therefore, inflation remains the primary determinant of the pricing policy for the upcoming period.
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