20:08 Thursday 22 December 2022 I wrote – Sherine Salah: The price of gold fell in Egypt during trading today, Thursday, and the gram is down £10 from its end-of-day level as the metal’s global decline, and after the Central Bank lifted the interest of 3%.The Central Bank decided to raise interest rates by 3% … Read more
12:08 Thursday 22 December 2022 I wrote – Manal Al-Masry: Today, Thursday, the Central Bank will hold the last periodic meeting of the Monetary Policy Committee, which has the task of regulating the interest rate during 2022. According to the Central Bank’s website, the Monetary Policy Committee meets to vote on setting the interest rate … Read more
11:11 PM Sunday 18 December 2022 Books – Mustafa Eid: HC Securities and Investment Company had expected the central bank to raise interest rates by 2% at its last Monetary Policy Committee meeting this year next Thursday to tackle inflation. The next meeting comes after the central bank raised interest rates by 2% during an … Read more
The Dow Jones continues to fall. It recently tumbled more than 700 points after revealing that retail sales numbers plummeted more than expected. As a result, investors fear that the US Federal Reserve (Fed) move to raise interest rates will drag the US economy into a recession. As of 22:05 Thai time, the Dow Jones … Read more
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