{"id":546828,"date":"2022-05-30T04:00:42","date_gmt":"2022-05-30T04:00:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/"},"modified":"2022-05-30T04:00:42","modified_gmt":"2022-05-30T04:00:42","slug":"the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/","title":{"rendered":"The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a> <strong>Cheap money is history:<\/strong> Central banks around the world are raising interest rates at the fastest rate in more than two decades, according to analysis by the <a href=\"https:\/\/www.ft.com\/content\/addbf3ca-9859-47cb-bb8f-56a34aa13930\">Financial Times<\/a>. Monetary policymakers have hiked rates more than 60 times since March, the largest number since at least the turn of the millennium, the salmon-colored paper writes.<\/p>\n<p><strong>Oil + gas exporters are loving life right now:<\/strong><\/p>\n<ul>\n<li><strong>Saudi oil exports hit six-year high:<\/strong> The value of Saudi oil exports more than doubled y-o-y in March as the oil-rich nation capitalized on surging prices to bring in USD 30 bn during the month \u2014 the highest in at least six years. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-26\/saudi-arabia-s-oil-exports-hit-the-highest-level-since-2016\">Bloomberg<\/a>)<\/li>\n<li><strong>Qatar gas revenues surge:<\/strong> Qatar\u2019s gas revenues more than doubled to QAR 43.5 bn in April as more countries turned to the country\u2019s gas in response to the war in Ukraine. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-29\/qatar-exports-surge-as-demand-for-gas-climbs-on-ukraine-war\">Bloomberg<\/a>)<\/li>\n<\/ul>\n<p><strong>Other stories getting ink in the global business press:<\/strong><\/p>\n<ul>\n<li><strong>One of the world\u2019s largest accountancy firms could break itself up:<\/strong> Big Four accountancy firm EY is looking to either publicly list or partially sell its global advisory business, as it looks to shake off regulatory scrutiny following a string of <a href=\"https:\/\/www.ft.com\/content\/975214e6-a330-418d-9daf-f5b41b1847f7\">accounting scandals<\/a>. (<a href=\"https:\/\/www.ft.com\/content\/8a17c3e5-57bb-4af8-9cda-b0f424edc5b2\">FT<\/a>)<\/li>\n<li><strong>The RUB is too hot right now:<\/strong> Russia slashed interest rates by 300 bps on Thursday in a bid to put a ceiling over the RUB, which has soared to become one of the world\u2019s best-performing currencies due to capital controls imposed in response to Western economic sanctions. (<a href=\"https:\/\/www.ft.com\/content\/22bd612b-c5d9-4f8f-98b8-5f5b69a1da37\">FT<\/a>)<\/li>\n<\/ul>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table table-striped markets-table'>\n<tbody>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>10,087<\/p>\n<\/td>\n<td>\n<p>-1.1% (YTD: -15.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 18.55<\/p>\n<\/td>\n<td>\n<p>Sell 18.63<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 18.57<\/p>\n<\/td>\n<td>\n<p>Sell 18.63<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>11.25% deposit<\/p>\n<\/td>\n<td>\n<p>12.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>12,689<\/p>\n<\/td>\n<td>\n<p>+1.3% (YTD: +12.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>9,689<\/p>\n<\/td>\n<td>\n<p>+1.5% (YTD: +14.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>3,297<\/p>\n<\/td>\n<td>\n<p>0.0% (YTD: +3.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>4,158<\/p>\n<\/td>\n<td>\n<p>+2.5% (YTD: -12.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>7,585<\/p>\n<\/td>\n<td>\n<p>+0.3% (YTD: +2.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td>\n<p>3,809<\/p>\n<\/td>\n<td>\n<p>+1.8% (YTD: -11.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 119.43<\/p>\n<\/td>\n<td>\n<p>+1.7%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 8.73<\/p>\n<\/td>\n<td>\n<p>-1.9%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,857.30<\/p>\n<\/td>\n<td>\n<p>+0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 29,194<\/p>\n<\/td>\n<td>\n<p>+0.7% (YTD: -36.8%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>THE CLOSING BELL-<\/strong><\/p>\n<p><strong>The EGX30 fell 1.1% at yesterday\u2019s close<\/strong> on turnover of EGP 298 mn (64.6% below the 90-day average). Local investors were net buyers. The index is up\/down 15.6% YTD.<\/p>\n<p><strong>In the green: <\/strong>GB Auto (+7.3%), AMOC (+0.9%) and Fawry (+0.8%).<\/p>\n<p><strong>In the red: <\/strong>Oriental Weavers (-5.4%), Heliopolis Housing (-4.6%) and EFG-Hermes (-3.5%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cheap money is history: Central banks around the world are raising interest rates at the fastest rate in more than two decades, according to analysis by the Financial Times. Monetary policymakers have hiked rates more than 60 times since March, the largest number since at least the turn of the millennium, the salmon-colored paper writes. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[1974,380,93,72,119,349,724,91,122,296,270,219],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546828","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-accountancy","tag-currencies","tag-energy","tag-enterpriseam","tag-financial-markets","tag-interest-rates","tag-monetary-policy","tag-oil-and-gas","tag-planet-finance","tag-qatar","tag-russia","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"6c1a7225-9f37-4864-b5a4-a04dd87efaa3","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[546803],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium\" \/>\n<meta property=\"og:description\" content=\"Cheap money is history: Central banks around the world are raising interest rates at the fastest rate in more than two decades, according to analysis by the Financial Times. Monetary policymakers have hiked rates more than 60 times since March, the largest number since at least the turn of the millennium, the salmon-colored paper writes. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-30T04:00:42+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium\",\"datePublished\":\"2022-05-30T04:00:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/\"},\"wordCount\":356,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"accountancy\",\"currencies\",\"energy\",\"EnterpriseAM\",\"Financial Markets\",\"interest rates\",\"monetary policy\",\"oil and gas\",\"Planet Finance\",\"Qatar\",\"Russia\",\"Saudi Arabia\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/\",\"name\":\"The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-05-30T04:00:42+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/","og_locale":"en_US","og_type":"article","og_title":"The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium","og_description":"Cheap money is history: Central banks around the world are raising interest rates at the fastest rate in more than two decades, according to analysis by the Financial Times. Monetary policymakers have hiked rates more than 60 times since March, the largest number since at least the turn of the millennium, the salmon-colored paper writes. [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-05-30T04:00:42+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium","datePublished":"2022-05-30T04:00:42+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/"},"wordCount":356,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["accountancy","currencies","energy","EnterpriseAM","Financial Markets","interest rates","monetary policy","oil and gas","Planet Finance","Qatar","Russia","Saudi Arabia"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/","name":"The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-05-30T04:00:42+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/the-world-hasnt-seen-so-many-rate-hikes-in-a-three-month-period-this-side-of-the-millenium\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"The world hasn\u2019t seen so many rate hikes in a three-month period this side of the millenium"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":590822,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/26\/output-cuts-are-taking-their-toll-on-saudi-oil-income\/","url_meta":{"origin":546828,"position":0},"title":"Output cuts are taking their toll on Saudi oil income","author":"enterpriseam admin","date":"26 July 2023","format":false,"excerpt":"Monthly oil revenues fell by a third in May to hit their lowest level since September 2021","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1052.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":586220,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/08\/economic-concerns-raise-volatility-in-the-oil-markets\/","url_meta":{"origin":546828,"position":1},"title":"Economic concerns raise volatility in the oil markets","author":"enterpriseam admin","date":"8 May 2023","format":false,"excerpt":"European gas prices hit lowest level since July 2021","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/397.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547212,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/13\/el-erian-points-fingers-at-fed-for-us-inflation-as-recession-clouds-build\/","url_meta":{"origin":546828,"position":2},"title":"El Erian points fingers at Fed for US inflation as recession clouds build","author":"enterpriseam admin","date":"13 June 2022","format":false,"excerpt":"The Fed missed the boat on inflation, says El Erian: Allianz Chief Economist Mohamed El Erian told CBS\u2019s \u201cFace The Nation\u201d that 40-year high inflation in the US could have been avoided had the Federal Reserve acted earlier. The Fed \u201cmischaracterized what inflation is and it fell behind,\u201d El Erian\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":606912,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/24\/greenback-hits-six-month-high-as-fed-warns-rates-will-remain-higher-for-longer\/","url_meta":{"origin":546828,"position":3},"title":"Greenback hits six-month high as Fed warns rates will remain higher for longer","author":"enterpriseam admin","date":"24 September 2023","format":false,"excerpt":"The greenback has now climbed more than 6% since the middle of July","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1410.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604046,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/24\/global-stocks-lose-almost-usd-3-tn-in-august-on-china-fears-rising-us-rates\/","url_meta":{"origin":546828,"position":4},"title":"Global stocks lose almost USD 3 tn in August on China fears, rising US rates","author":"enterpriseam admin","date":"24 August 2023","format":false,"excerpt":"MSCI benchmark of global stocks on course for its worst month since September","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1159.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544795,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/aramco-profits-double-in-2021-announces-plans-to-raise-oil-gas-production\/","url_meta":{"origin":546828,"position":5},"title":"Aramco profits double in 2021, announces plans to raise oil + gas production","author":"enterpriseam admin","date":"21 March 2022","format":false,"excerpt":"Saudi Aramco plans to hike spending this year as it looks to ramp up oil and gas production in the coming years, the oil giant said in its latest earnings release yesterday. Rising oil prices last year helped Aramco stage a dramatic turnaround from 2020, with the company reporting yesterday\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546828"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546828\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546803"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546828"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546828"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}