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Flexible exchange rate is key to getting out of our bottleneck, IIF says
Delayed IMF program, high debt levels, twin deficits and rising net foreign liabilities weighing on nation’s finances
The PMI was in contraction territory again in June
The PMI rose to 49.1 from 47.8 in May
THIS EVENING: PMI hits its highest level since August 2021 as contraction softens in June
Good afternoon, friends, and happy almost-THURSDAY. It may be a shortened workweek, but the slide towards the weekend is always…
With soaring inflation, gov’ts need to raise taxes or slash public spending + Cancer vaccines could be ubiquitous in the next few years
The Bank for International Settlements is also encouraging the separation of fiscal + monetary policymaking
US bond markets convinced recession is brewing
Inverted yield curve in treasuries is a telltale sign of an incoming downturn
Central Bank of Egypt leaves interest rates unchanged
The CBE is adopting a wait-and-see approach while previous rate hikes take effect
CBE holds ground with unchanged interest rates + Crunch time for the privatization program
Good morning, friends, and happy FRIDAY. It’s officially the last few days before the Eid break, which is set to…
THIS EVENING: All eyes on the Central Bank of Egypt’s MPC
Good afternoon, friends, and a very happy THURSDAY to us all. After a busy few days that showed no signs…
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