Why 28% Inflation May Still Not Warrant an Egypt Rate Increase
(World News Egypt)

Even one of the the highest inflation rates in emerging markets is unlikely to persuade Egyptian policy makers to raise borrowing costs on Thursday, as the central bank looks to a rebounding currency and weak consumer demand to do the work instead. Five out of seven economists surveyed by Bloomberg predict the Monetary Policy Committee will hold the benchmark overnight deposit rate at 14.75 percent, with two expecting an increase. ......