Central banks in Poland, Turkey and UK hold interest rates steady amid inflation risks
Several central banks, including those of Poland, Turkey and the United Kingdom, decided to keep their key interest rates unchanged, citing ongoing energy price risks and inflation concerns.
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Economists predict Bank of England will hold interest rates steady
The Bank of England will hold Bank Rate at 3.75 per cent for the rest of the year and through at least mid-2027, according to a Reuters poll of economists who still judge inflation is not strong enough for a majority of policymakers to vote for higher borrowing costs. Higher energy prices stemming from the […]
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Read full article →Turkish central bank keeps rates unchanged amid energy prices risk
Turkish central bank kept its key policy rate unchanged at 37% on Thursday, citing that elevated energy prices pose "upward risk to inflation outlook." DETAILS TO FOLLOW...
Read full article →Will the Central Bank raise interest rates at its upcoming meeting?
Expectations are growing that central banks globally will move to raise interest rates to hedge against an inflationary wave triggered by rising energy prices. Expert forecasts for the Central Bank of Egypt’s (CBE) upcoming Monetary Policy Committee meeting on September 24 lean heavily toward keeping rates unchanged. The ECB and Fed prepare policy shifts The … The post Will the Central Bank raise interest rates at its upcoming meeting? appeared first on Egypt Independent.
By Al-Masry Al-Youm
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