Home The Daily Beam Strategic or Tactical? Factors the CBE Can Consider Today

Strategic or Tactical? Factors the CBE Can Consider Today

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Today, all eyes are on the CBE’s Monetary Policy Committee meeting set to decide on Egypt’s key policy rates. Briefly, we see the overall scene suitable to proceed with the easing path. Almost all factors are favorable for a not-so-aggressive rate cut, perhaps 50-100bps. There is a reason we say “almost”, as the CBE may prefer to pause its “strategic” long-term easing process for some “tactical” reasons. We elaborate on our view in Today’s Story below.
For more details, please read the full report below.

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