Egypt’s rate cut on thin ice? IMF issues stark warning
The International Monetary Fund (IMF) has called on Egypt to exercise caution in its path of interest rate cuts, given the global uncertainty resulting from recent decisions by US President Donald Trump regarding customs duties. Egypt had cut interest rates last month for the first time in about five years, after the annual inflation rate fell …
The post Egypt’s rate cut on thin ice? IMF issues stark warning appeared first on Egypt Independent.
Egypt Independent
May 2, 2025
