1% interest-rate cut appropriate to sustain disinflation path: CBE

The Central Bank of Egypt (CBE) said a 1% cut in interest rates is appropriate to maintain a monetary policy stance that anchors inflation expectations and supports the continued downward trajectory of inflation. On Thursday evening, the Monetary Policy Committee (MPC) decided to cut the Bank’s key policy rates—which serve as the main benchmark for […] The post 1% interest-rate cut appropriate to sustain disinflation path: CBE first appeared on Dailynewsegypt .