Featured Turkey’s c. bank to review rates on June 27 Aya El Sayed Jun 23, 2024 0 Türkiye’s Central Bank is set to convene this week to decide on its policy rate, currently at 50 per cent, when the…
Africa News CBE’s Hassan Abdalla: Anchoring inflation expectations is key Yomna Yasser Jun 13, 2024 0 Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), emphasised on Wednesday the importance of managing…
Africa News Afreximbank: Africa’s economies expected to grow by 3.8% in ’24 Aya Anwar Jun 13, 2024 0 African economies are expected to grow by 3.8 per cent in 2024, exceeding the global forecast of 3.2 per cent, with…
Banks Ukraine cuts rates to 13% as blackouts hinder growth Aya El Sayed Jun 13, 2024 0 Ukraine’s central bank has implemented a third consecutive cut in borrowing costs, lowering the key interest rate…
News UK housing market slows as rate cut hopes fade Aya El Sayed Jun 13, 2024 0 Britain's housing market slowed in May as the outlook for imminent rate cuts by the Bank of England dimmed, causing…
Featured US Fed officials expect higher inflation this year Yomna Yasser Jun 12, 2024 0 US Federal Reserve officials are expecting a higher inflation rate this year, 2.6 per cent measured by the Personal…
Featured ECB’s Kazaks: cautious approach needed for rate cuts Aya El Sayed Jun 12, 2024 0 The European Central Bank (ECB) should approach rate cuts cautiously to avoid a resurgence in inflation, advised…
Featured Egypt’s primary surplus reaches EGP 822b in 11m Aya Anwar Jun 11, 2024 0 Egypt's general budget has surpassed targets over 11 months, defying global challenges and corrective economic…
Featured ECB needs to keep economy in check – Lane Aya El Sayed Jun 11, 2024 0 Eurozone wage growth is expected to slow next year, but persistent inflationary pressures will prompt the European…
Featured ECB targets 2% inflation by next year – Villeroy Aya El Sayed Jun 11, 2024 0 The European Central Bank (ECB) aims to bring inflation back to its 2 per cent target by next year, despite…