Egypt Inflation Uptick Leaves Wall Street Divided on Rate Calls

A surprise uptick in Egyptian inflation has Wall Street divided on whether the time is right for the nation’s fifth interest-rate cut of 2025.

The North African country is widely seen as only partway through an easing cycle that would help spur local investment. But October’s quickening in consumer-price growth for the first time in five months, even before a fuel-price hike feeds through, may prompt the central bank to tread carefully on Thursday.