{"id":612039,"date":"2023-12-17T00:00:00","date_gmt":"2023-12-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/"},"modified":"2023-12-17T00:00:00","modified_gmt":"2023-12-17T00:00:00","slug":"cbe-to-keep-interest-rates-steady-poll","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/","title":{"rendered":"CBE to keep interest rates steady -poll"},"content":{"rendered":"

It\u2019s looking like another uneventful MPC meeting: <\/strong>The Central Bank of Egypt (CBE) is expected to leave interest rates on hold when it meets this Thursday. Cooling inflation at home and the US Federal Reserve leaving rates unchanged<\/a> last week will factor in the MPC\u2019s thinking, analysts tell us. Seven of the nine we surveyed see the CBE holding rate steady when the Monetary Policy Committee (MPC) meets. The other two expect policy makers to raise rates, with one penciling in a 50-100-bps hike and the other a 200-300-bps hike. <\/p>\n

This would be uneventful meeting #3: <\/strong>The central bank has held interest rates steady during its past two meetings in November<\/a> and September<\/a>. The overnight deposit rate stands at 19.25%, while the overnight lending rate is 20.25%, and the main operation and disc. rates are at 19.75%. Rates have risen 1.1k bps since March 2022, with the bank last hiking rates in its August meeting<\/a>. <\/p>\n

Inflation has been cooling:<\/strong> Monthly urban inflation eased for the second consecutive month in November<\/a> to 34.6% y-o-y \u2014 its lowest level in six months. Easing inflation came on the back of an increasingly favorable base effect, which could extend further, but that would be tied to the timing and scale of the anticipated currency float, Al Ahly Pharos\u2019 Israa Ahmed<\/strong> told Enterprise. Inflation is expected to continue to ease in December, according to securities banking and macro analyst Heba Monir<\/strong>(LinkedIn<\/a>), who sees annual urban inflation easing to 34.4% this month.<\/p>\n

But more can be done: <\/strong>For rate hikes to have the desirable impact on inflation rates, currency stability is needed, banking expert Mohamed Abdel Aal<\/strong> said. \u201cRaising rates means more costly borrowing for companies, forcing them to raise prices to help offset this increase in borrowing costs and creating even more inflationary pressure,\u201d he said. He pointed to the shortage of exported goods and a weak EGP as some of the most important factors in determining inflation levels at the moment. The best way for the CBE to control EGP liquidity is by \u201cproviding FX liquidity alongside raising rates,\u201d EFG Hermes Research<\/strong> said in a report. <\/p>\n

Rate hikes will soon serve a different purpose: <\/strong>Interest rates, at a later time, will be an effective tool to accompany the anticipated float of the EGP against the USD as it protects the currency against dollarization, banking expert Tarek Metwally<\/strong> (LinkedIn<\/a>) says. A float is widely expected at some point after the presidential election as authorities look to comply with the terms of the USD 3 bn IMF loan and release almost USD 700 mn in vital financing \u2014 and potentially a commitment to even more funding.<\/p>\n

Don\u2019t rule out a hike: <\/strong>There may be a need for \u201cimmediate monetary tightening\u201d to contain inflation after the IMF shifted<\/a> its focus from exchange rate policies to helping officials get a grip on soaring inflation, EFG Hermes Research said. Our friends at EFG Hermes are expecting the CBE to hike rates 200-300 bps when it meets, revising an earlier forecast that saw it leaving interest rates on hold. <\/p>\n

It doesn\u2019t have to be as drastic: <\/strong>The central bank may make do with a modest 50-100-bps hike to spare the already strained state budget the extra cost that comes with every rate hike, Ali Metwally,<\/strong> an analyst at UK-based risk assessment firm Infospectrum<\/a>, told us. This is the most likely scenario, seeing as more drastic rate hikes \u201cwill push our debt burden and budget deficit higher and put us at risk of defaulting on payments and make Egyptian bonds even less appealing,\u201d he said. <\/p>\n","protected":false},"excerpt":{"rendered":"

Seven out of nine analysts expect the CBE to keep rates steady<\/p>\n","protected":false},"author":1,"featured_media":612040,"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":[7359],"tags":[271,104,72,2234,182,349,7358],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-poll","tag-central-bank-of-egypt","tag-economy","tag-enterpriseam","tag-foreign-exchange","tag-inflation","tag-interest-rates","tag-poll","wpautop","entry"],"acf":{"mongo_id":"03f435f2-4022-4bfc-933a-8d47b02a1802","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1058.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Central Bank of Egypt is expected to keep interest rates unchanged this week - poll","related_issue":[612032],"teaser":"Seven out of nine analysts expect the CBE to keep rates steady","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.6e3925ef-31e3-4150-8d68-154555761465.mp3"},"yoast_head":"\nCBE to keep interest rates steady -poll - 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\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE to keep interest rates steady -poll\" \/>\n<meta property=\"og:description\" content=\"Seven out of nine analysts expect the CBE to keep rates steady\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-17T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE to keep interest rates steady -poll\",\"datePublished\":\"2023-12-17T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/\"},\"wordCount\":598,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Central Bank of Egypt\",\"economy\",\"EnterpriseAM\",\"foreign exchange\",\"inflation\",\"interest rates\",\"POLL\"],\"articleSection\":[\"POLL\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/\",\"name\":\"CBE to keep interest rates steady -poll - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-12-17T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBE to keep interest rates steady -poll\"}]},{\"@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":"CBE to keep interest rates steady -poll - 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\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/","og_locale":"en_US","og_type":"article","og_title":"CBE to keep interest rates steady -poll","og_description":"Seven out of nine analysts expect the CBE to keep rates steady","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-12-17T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"CBE to keep interest rates steady -poll","datePublished":"2023-12-17T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/"},"wordCount":598,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1","keywords":["Central Bank of Egypt","economy","EnterpriseAM","foreign exchange","inflation","interest rates","POLL"],"articleSection":["POLL"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/","name":"CBE to keep interest rates steady -poll - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1","datePublished":"2023-12-17T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/cbe-to-keep-interest-rates-steady-poll\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"CBE to keep interest rates steady -poll"}]},{"@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":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1058.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":586546,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/14\/cbe-to-keep-rates-unchanged-on-slower-april-inflation-poll\/","url_meta":{"origin":612039,"position":0},"title":"CBE to keep rates unchanged on slower April inflation -poll","author":"enterpriseam admin","date":"14 May 2023","format":false,"excerpt":"Seven of nine analysts expect rates to be held steady","rel":"","context":"In "POLL"","block_context":{"text":"POLL","link":"https:\/\/enterpriseam.com\/egypt\/category\/poll\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/704.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":606531,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/18\/cbe-to-leave-interest-rates-unchanged-in-september-poll\/","url_meta":{"origin":612039,"position":1},"title":"CBE to leave interest rates unchanged in September -poll","author":"enterpriseam admin","date":"18 September 2023","format":false,"excerpt":"All seven analysts surveyed by Enterprise see the CBE holding rates on Thursday","rel":"","context":"In "POLL"","block_context":{"text":"POLL","link":"https:\/\/enterpriseam.com\/egypt\/category\/poll\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/908.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579367,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/05\/cbe-keeps-rates-on-hold-in-surprise-move\/","url_meta":{"origin":612039,"position":2},"title":"CBE keeps rates on hold in surprise move","author":"enterpriseam admin","date":"5 February 2023","format":false,"excerpt":"CBE unexpectedly holds interest rates steady in its first meeting of the year: The Central Bank of Egypt (CBE) left interest rates unchanged on Thursday, defying expectations of a third consecutive hike. The Monetary Policy Committee (MPC) left the deposit rate at 16.25%, the lending rate at 17.25%, and the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/66.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591084,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/31\/cbe-to-keep-rates-unchanged-on-thursday-poll-2\/","url_meta":{"origin":612039,"position":3},"title":"CBE to keep rates unchanged on Thursday -poll","author":"enterpriseam admin","date":"31 July 2023","format":false,"excerpt":"All seven analysts expect policymakers to hold rates for a third consecutive meeting","rel":"","context":"In "POLL"","block_context":{"text":"POLL","link":"https:\/\/enterpriseam.com\/egypt\/category\/poll\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/908.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549430,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/18\/cbe-to-hike-rates-in-september-meeting-poll\/","url_meta":{"origin":612039,"position":4},"title":"CBE to hike rates in September meeting -POLL","author":"enterpriseam admin","date":"18 September 2022","format":false,"excerpt":"The Central Bank of Egypt is likely to raise interest rates when it meets on Thursday in a bid to tame inflation and support the local currency, according to our regular interest rate poll. Six of seven analysts and economists we surveyed see the Monetary Policy Committee hiking rates for\u2026","rel":"","context":"In "POLL"","block_context":{"text":"POLL","link":"https:\/\/enterpriseam.com\/egypt\/category\/poll\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/247.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592417,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/cbe-makes-surprise-100-bps-rate-hike\/","url_meta":{"origin":612039,"position":5},"title":"CBE makes surprise 100-bps rate hike","author":"enterpriseam admin","date":"6 August 2023","format":false,"excerpt":"Analysts had expected the central bank to keep rates on hold","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/206.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612039","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=612039"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612039\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/612032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/612040"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=612039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=612039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=612039"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=612039"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=612039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}