CBE keeps easing cycle on ice as regional conflict clouds inflation path

The Central Bank of Egypt’s Monetary Policy Committee (MPC ) held interest rates at its meeting on Thursday for the second consecutive time a statement (pdf) analyst expectations

Globally, the CBE flagged modest economic growth weighed down by geopolitical tensions, trade policy uncertainty, and subdued demand.

Economy seen returning to “full capacity” next year:

Deceptively softer inflation:

Tight stance remains:

Liquidity pressures building:

Reserve ratio cut over rate hikes: