May 19th, 2023

Egypt Hits Pause on Rate Hikes

Egypt's central bank has left interest rates unchanged. The hold comes after a slight slowdown in inflation for April eased the urgency for the central bank of adding to the 900 basis points of increases it has delivered over the past year. Ziad Daoud, Chief Emerging Markets Economist and Hasnain Malik, Head of Equity Strategy Research at Tellimer speak with Manus Cranny on "Bloomberg Daybreak: Middle East".