Egypt’s central bank raises interest rates 100 basis points
The Central Bank of Egypt (CBE) has decided to raise interest rates by 100 basis points after core inflation rate…
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Inflation
BOJ holds off on easing despite weak inflation, sparks yen spike
The Bank of Japan refrained from offering additional monetary stimulus on Thursday despite external headwinds and…
Economists vary on interest rate decision amid Egypt’s record core inflation
Five economists had different predictions on whether Egypt's central bank would raise or hold interest rates at its…
Yen, Brexit, inflation keep BOJ on edge, but policy seen steady for now
A renewed spike in the yen is adding to headaches for Bank of Japan policymakers meeting for a rate review this…
Egypt’s annual urban consumer price inflation climbs to 12.3% in May
Egypt's annual urban consumer price inflation climbed to 12.3 percent in May from 10.3 percent in April, the…
Asian shares sag on revived U.S. rate hike views
Asian shares weakened on Wednesday in the wake of accelerating U.S. inflation and comments from Federal Reserve…
China April inflation data sharpens debate on need for more easing
China's consumer inflation remained modest in April, while producer prices' four-year slump moderated as commodity…
Yen soars, stocks slump as BOJ holds policy, pushes back inflation target
The Bank of Japan held off from expanding monetary stimulus on Thursday, defying market expectations for action…
Government raises food subsidies by 20% per citizen for weakening Egyptian pound
Egypt's economic ministries decided on Tuesday to raise food subsidies by 2.4 billion Egyptian pounds, boosting…
BOJ likely to debate easing, policy decision a close call
Japan's central bank is likely to cut its price forecasts on Thursday and debate whether a strong yen, weak global…