Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

POLL-Egypt's central bank to raise interest rates by 100 bps

The median forecast in a poll of 15 analysts is for the bank to raise its deposit rate to 12.25% and its lending rate to 13.25%.
21.09.22 | Source: Reuters

Egypt's central bank will raise its overnight deposit rate by 100 basis points (bps) on Thursday as it tries to dampen resurgent inflation, a Reuters poll forecast.


The median forecast in a poll of 15 analysts is for the bank to raise its deposit rate to 12.25% and its lending rate to 13.25% at its regular monetary policy committee meeting.


The committee will meet a day after a meeting of the Federal Reserve, which is expected to raise U.S. interest rates.

FREE NEWSLETTER