It’s interest rate week as the CBE’s Monetary Policy Committee meets on Thursday to set interest rates. Most analysts, including HC Securities’ Chief Economist Sara Saada, see a limited interest rate cut coming this week as inflation figures improve and the onus for growth shifts away from legislative reforms to interest rate cuts. Saada sees (pdf) the cut will be limited to 100 bps at its upcoming meeting, however, to balance possible risks to monetary policy easing. See also takes from Pharos Holding and Arqaam, both of which we noted earlier this week.

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