Growing strains in the balance of payments continue to prevent any loosening of monetary policy to support Egypt’s struggling economy. We don’t think there will be any scope to ease policy until the authorities secure an IMF deal and political tensions ease considerably. If anything, rate hikes look more likely at the moment.
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