Egypt’s Banking Sector Shines With 27% Growth in Deposits Despite Inflation and Devaluation
Egypt’s banking industry recorded a 26.9% increase in total deposits in the 2023-2024 fiscal year compared ...
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Egypt’s Inflation Slows to 23.2% in January, But Food Prices Keep Rising
Food security is still a significant problem, with Egypt buying 80% of its wheat from Russia ...
The Bank of Canada Has ‘Won’ the Fight Against Inflation By Lowering Interest Rates To 3.75%
Tiff Macklem, the governor of the Bank of Canada (BoC), told the reporters after reducing the ...
Adjusted Interest Rates Turn Positive in Turkey as Inflation Slows to 48.3%
The shift of Turkey to a looser bias most likely indicates that a first-rate decrease is ...
Fed Announces Larger-than-Expected Rate Cut as Inflation Eases
The Fed's policy decision sparked a quiet response from the presidential candidates despite being made just ...
African Central Banks Set for Interest Rate Changes Amid Eased Inflation
Real rates and emerging inflation rates are the reasons six African nations may cut interest and ...
RBA Reveals Plan to Maintain Cash Rate at 4.35% to Combat Inflation
The RBA felt the need to push back against talk of a near-term reduction in rates ...
IMF Report Highlights Slowing Disinflation Momentum and Steady Global Growth
The IMF increased its prediction for 2025 by 0.1 percentage points to 3.3% while maintaining its ...
Global Markets React to U.S. Inflation Data: Yen stoops to 34-yr low
Wall Street’s stumble overnight is sending shockwaves across the markets. The Asian financial markets are reacting ...
Nikkei 225 Surges Past 41,000 as Japan Inflation Rises, Retreats Later
Japan's Nikkei 225 reached a new high of around 41,000 on March 22, 2024, due to ...
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