3:21 pm Thursday 15 December 2022 I wrote – Manal Al-Masry: The Central Bank of Egypt intends to hold the last regular meeting of the Monetary Policy Committee during 2022 next Thursday, corresponding to December 22, to discuss the fate of the interest rate on deposits and loans, according to the meeting schedule published on … Read more
11:37pm Wednesday 14 December 2022 Cairo-Masrawy: Jerome Powell, chairman of the Federal Reserve (the central bank of the United States), said he thought it right to continue raising interest rates, explaining that a rate hike of about 50 basis points is still large and “we still have a way to go.” Powell added in a … Read more
WTI crude futures rose more than 2% to $75 on a lower-than-expected Consumer Price Index (CPI) release. This will be one factor that will encourage the US Federal Reserve (Fed) to slow rate hikes. At 22:53 Thai time, contract for West Texas crude oil (WTI) for January delivery. which traded on the NYMEX plus $1.93, … Read more