Analysts expect CBE to keep interest rates steady on Thursday

The Central Bank of Egypt will likely keep interest rates on hold for the second consecutive time

Overall, inflation is cooling, but not enough:

Annual urban inflation eased 0.3 percentage points to 14.9% y-o-y in April —

“Inflation rates, while reasonable, are still shadowed by high uncertainty

The CBE recently raised its headline inflation target to an average of 16-17% in 2026

The ramifications of regional war continue.

“Actual headline and core inflation readings in April showed a notable slowdown

Quiet seas, for now.

And oil remains a problem.

The outlier: recent hikes in telecommunication prices