Banks brace for recession, expect earlier Fed cuts as tariffs continue to shock markets
Traders went all in on rate cuts
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Traders went all in on rate cuts
Egypt's flexible exchange rate now serves as a built-in shock absorber, said Aboul Naga
Half of the respondents saw inflation inching down by up to 0.4 percentage points
The Fed lowered its GDP growth forecast for the US to 1.7%, down from 2.1%
A higher valued greenback would raise debt servicing costs, while oil prices could take a hit
Central banks can slash interest rates to boost economic activity and combat tariffs
Annual headline urban inflation plunged to 12.8% in February
The market is already jittery after January’s hotter-than-expected consumer price index
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