(Bloomberg) Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding other parts of their toolbox to tackle price pressures until a debilitating foreign-currency crunch is resolved.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseS&P 500 Has Worst Day Since April After Big Rally: Markets WrapCanada PM Justin Trudeau Splits With Wife Sophie GregoireMissing Goldman Sachs Analyst Confirmed Dea
Egypt Surprises With Rate Hike Even as Devaluation Delayed bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’QQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapApple Surprises in China, Sets India High During Sales SlumpApple Faces Longest Sales Drop in Decades as iPhone SlumpsThe central bank’s Monetary Policy Committee rai
Inflation in Egypt up again, driven by food prices albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.