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Egypt Primed for Emerging World's Deepest Rate Cuts After Turkey

  • Egypt’s lowest inflation in over 6 years opens door for easing
  • Central bank cut rates last month as price pressures contained
22/11/2018 Cairo, Egypt, overflowing streets of the African capital and chaotic trading in the bazaar

Photographer: Oleksii Hlembotskyi/Getty Images

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Egypt’s inflation eased in August to its lowest level since the start of 2013, paving the way for what could be the second-biggest push to cut interest rates across emerging markets.