Today’s 100bp rate hike in Egyptian interest rates was larger than even our own above-consensus forecast and, with inflation likely to rise further in the coming months and the central bank willing to tighten policy aggressively, we’ve pencilled in another rate rise later this year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services