{"id":626375,"date":"2024-07-01T00:00:00","date_gmt":"2024-07-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/"},"modified":"2024-07-01T00:00:00","modified_gmt":"2024-07-01T00:00:00","slug":"bis-warns-against-slashing-interest-rates-too-soon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/","title":{"rendered":"BIS warns against slashing interest rates too soon"},"content":{"rendered":"

Go slow and steady with rate cuts, says the BIS:<\/strong> The Bank for International Settlements (BIS) warned central banks in its annual report (pdf)<\/a> against cutting interest rates too soon, cautioning that it could reignite inflation. Despite signs that the global economy is headed towards \u201csmooth landing\u201d with cooling inflation and steady growth, the BIS says central banks need to set a \u201chigh bar\u201d for easing policies.<\/p>\n

Remember: Central banks around the world are preparing to ease monetary tightening policies this year. <\/strong>The European Central Bank got the ball rolling with a 25 bps rate cut<\/a> last month, ahead of the US Federal Reserve, which is set to start cutting rates by September. <\/p>\n

\u201cA premature easing could reignite inflationary pressures and force a costly policy reversal<\/strong> \u2014 all the costlier because credibility would be undermined,\u201d BIS General Manager Agust\u00edn Carstens said. <\/p>\n

Central banks should keep an eye on potential risks like high public debt and falling commercial property values<\/strong>, as well as inflation spikes in service prices and wages, Carstens said. <\/p>\n

Service prices relative to core goods remain lower than pre-pandemic levels<\/strong>, while real wages have yet to keep up with higher costs \u2014 but a reversion of these trends that happens too fast will only spur inflation. The BIS estimates that catching up on lost purchasing power could raise inflation by up to 1.5% in major Eurozone economies by 2026. <\/strong><\/p>\n

MARKETS THIS MORNING-<\/p>\n

Asian markets are mixed this morning<\/strong>, with the Nikkei and Kospi in the green and the ASX 200 and Shanghai Composite in the red. Markets are closed in Hong Kong this morning for a national holiday. Futures suggest US equities will start the trading week in the green, as will most major European benchmarks. The exception: France<\/strong>, where the CAC 40 looks set to come under selling pressure at the opening bell as investors digest the far-right Rassemblement National\u2019s strong showing in the first phase of parliamentary elections.<\/p>\n

<\/a><\/a> <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30<\/strong><\/p>\n<\/td>\n

\n

27,766<\/p>\n<\/td>\n

\n

+1.0% (YTD: +11.5%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 47.96<\/p>\n<\/td>\n

\n

Sell 48.10<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CIB)<\/strong><\/p>\n<\/td>\n

\n

Buy 47.98<\/p>\n<\/td>\n

\n

Sell 48.08<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates (CBE)<\/strong><\/p>\n<\/td>\n

\n

27.25% deposit<\/p>\n<\/td>\n

\n

28.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

11,680<\/p>\n<\/td>\n

\n

-0.4% (YTD: -2.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

9,061<\/p>\n<\/td>\n

\n

+0.6% (YTD: -3.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

4,030<\/p>\n<\/td>\n

\n

+0.5% (YTD: +4.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

5,460<\/p>\n<\/td>\n

\n

-0.4% (YTD: +14.5%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

8,164<\/p>\n<\/td>\n

\n

-0.2% (YTD: +5.6%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Euro Stoxx 50 <\/strong><\/p>\n<\/td>\n

\n

4,894<\/p>\n<\/td>\n

\n

-0.2% (YTD: +8.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude <\/strong><\/p>\n<\/td>\n

\n

USD 85.0<\/p>\n<\/td>\n

\n

-0.3%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas (Nymex)<\/strong><\/p>\n<\/td>\n

\n

USD 2.60<\/p>\n<\/td>\n

\n

-3.1%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 2,340<\/p>\n<\/td>\n

\n

+0.1%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 61,984.40<\/p>\n<\/td>\n

\n

+1.6% (YTD: +46.8%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/p>\n

The EGX30 rose 1.0% at Thursday\u2019s close<\/strong> on turnover of EGP 4.4 bn (0.2% above the 90-day average). International investors were the sole net sellers. The index is up 11.5% YTD.<\/p>\n

In the green: <\/strong>Fawry (+5.9%), Eipico (+5.1%), and EFG Holding (+4.6%).<\/p>\n

In the red: <\/strong>Beltone Holding (-3.3%), Oriental Weavers (-2.3%), and Palm Hills Development (-2.3%).<\/p>\n","protected":false},"excerpt":{"rendered":"

Central banks should keep an eye on risks like high public debt and falling property values<\/p>\n","protected":false},"author":1,"featured_media":626376,"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":[72,119,349,122],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-finance","tag-enterpriseam","tag-financial-markets","tag-interest-rates","tag-planet-finance","wpautop","entry"],"acf":{"mongo_id":"901978b5-ad2b-4287-9b01-1e28acf8ab35","order":"12","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/1912.jpg","photo_position":"above","homepage_title":"","full_issue_title":"BIS warns against slashing interest rates too soon","related_issue":[626355],"teaser":"Central banks should keep an eye on risks like high public debt and falling property values","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.61061a49-863b-4aae-a52d-d8469e39ac68.mp3"},"yoast_head":"\nBIS warns against slashing interest rates too soon - 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\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BIS warns against slashing interest rates too soon\" \/>\n<meta property=\"og:description\" content=\"Central banks should keep an eye on risks like high public debt and falling property values\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-01T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"BIS warns against slashing interest rates too soon\",\"datePublished\":\"2024-07-01T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/\"},\"wordCount\":428,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Financial Markets\",\"interest rates\",\"Planet Finance\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/\",\"name\":\"BIS warns against slashing interest rates too soon - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-07-01T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BIS warns against slashing interest rates too soon\"}]},{\"@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":"BIS warns against slashing interest rates too soon - 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\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/","og_locale":"en_US","og_type":"article","og_title":"BIS warns against slashing interest rates too soon","og_description":"Central banks should keep an eye on risks like high public debt and falling property values","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-07-01T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.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":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"BIS warns against slashing interest rates too soon","datePublished":"2024-07-01T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/"},"wordCount":428,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","Financial Markets","interest rates","Planet Finance"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/","name":"BIS warns against slashing interest rates too soon - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.jpg?fit=%2C&ssl=1","datePublished":"2024-07-01T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/01\/bis-warns-against-slashing-interest-rates-too-soon\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"BIS warns against slashing interest rates too soon"}]},{"@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\/2024\/6\/1912.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1912.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\/2024\/6\/1912.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":547568,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/27\/forever-inflation-would-be-worse-than-recession-says-central-banks-bank-value-stocks-are-outperforming-equities-but-both-are-down-ytd\/","url_meta":{"origin":626375,"position":0},"title":"Forever-inflation would be worse than recession, says central banks\u2019 bank + Value stocks are outperforming equities \u2014 but both are down YTD","author":"enterpriseam admin","date":"27 June 2022","format":false,"excerpt":"What\u2019s worse than a recession? Entrenched inflation, influential banking body warns: The Bank for International Settlements \u2014 which performs banking services for central banks worldwide \u2014 has called for a \u201cdecisive\u201d wave of global rate hikes from central banks to curb inflation in its flagship annual economic report (pdf) published\u2026","rel":"","context":"In "PLANET FINANCE"","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":598211,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/19\/are-em-central-banks-departing-from-monetary-economics-orthodoxy-to-keep-inflation-in-check\/","url_meta":{"origin":626375,"position":1},"title":"Are EM central banks departing from monetary economics orthodoxy to keep inflation in check?","author":"enterpriseam admin","date":"19 May 2019","format":false,"excerpt":"Are EM central banks departing from monetary orthodoxy to keep inflation in check? Emerging market central banks are indirectly intervening in currency markets to contain inflation, General Manager of the Bank for International Settlements (BIS) Agust\u00edn Carstens said in a speech earlier this month at the London School of Economics.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/EGP-USD-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578206,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/19\/expect-central-banks-to-stay-hawkish-deep-into-2023-amid-stubborn-inflation\/","url_meta":{"origin":626375,"position":2},"title":"Expect central banks to stay hawkish deep into 2023 amid stubborn inflation","author":"enterpriseam admin","date":"19 December 2022","format":false,"excerpt":"Central banks won\u2019t be taking their feet off the gas anytime soon: Despite hopes in some quarters that central banks will begin to dial back the aggressive monetary tightening in the new year, we should brace for further rate hikes triggered by continued inflationary pressures. This is according to the\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/395.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557621,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/26\/the-era-of-ultra-cheap-money-is-coming-to-an-end-or-is-it\/","url_meta":{"origin":626375,"position":3},"title":"The era of ultra-cheap money is coming to an end. Or is it?","author":"enterpriseam admin","date":"26 September 2021","format":false,"excerpt":"The era of ultra-cheap money is coming to an end, the Financial Times declares. In a long read out this morning, the salmon-colored paper notes the rather abrupt turn towards more restrictive monetary policies by some central banks around the world. Facing higher inflation for longer than first thought, the\u2026","rel":"","context":"In "PLANET FINANCE"","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":585286,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/13\/us-inflation-cooled-in-march-but-dont-expect-an-end-to-rate-hikes\/","url_meta":{"origin":626375,"position":4},"title":"US inflation cooled in March \u2014 but don\u2019t expect an end to rate hikes","author":"enterpriseam admin","date":"13 April 2023","format":false,"excerpt":"Don\u2019t expect interest rate hikes to end soon","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/591.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549623,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/25\/cbe-kind-of-bucks-the-global-tightening-trend-by-leaving-rates-unchanged\/","url_meta":{"origin":626375,"position":5},"title":"CBE (kind of) bucks the global tightening trend by leaving rates unchanged","author":"enterpriseam admin","date":"25 September 2022","format":false,"excerpt":"CBE reaches for another tool in the toolbox: The Central Bank of Egypt (CBE) left interest rates unchanged on Thursday, a move that went against market expectations. The Monetary Policy Committee (MPC) left the deposit rate at 11.25%, the lending rate at 12.25%, and the main operation and disc. rates\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\/2022\/9\/364.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\/626375","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=626375"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626375\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/626355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/626376"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=626375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=626375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=626375"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=626375"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=626375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}