3 investment banks expect interest rate stabilization at the central meeting end of the month - argument and evidence

3 investment banks expect interest rate stabilization at the central meeting end of the month - argument and evidence

3 investment banks expect the interest rate fixing at the central meeting of the end of the month free pen, a beautiful shine on a new day through our website where we are always keen to provide a wonderful content of the leading news, we would like to admire our dear visitors in the Arab world, and sincere of us also to provide news from The real sources are full of transparency and credibility through our website “the free pen – the first pioneer in the Arab region. Through the site of the free pen from the heart of the event we follow all the modern news and we monitor and analyze for leadership and event news where written – Yasmin Salim: Three investment banks expected the central bank to set interest rates at the monetary policy committee meeting at the end of this month, although the annual inflation rate is still falling. Meanwhile, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported on Sunday that the annual inflation rate in the republic’s total fell to 11.5 percent in May from 12.9 percent in April, reaching its lowest level in April 2016 at 10.9 percent . “I expect the central bank to set interest rates during the committee meeting, partly because we are preparing to raise subsidies on petroleum products,” said Radwa al-Suweifi, head of research at investment bank Pharos. “I prefer the tendency of foreigners to exit emerging markets. For installation “. The government reduced the subsidy of petroleum products by 26 percent in the next year’s budget from this year’s forecast to about 89 billion pounds and the electricity subsidy by 47 percent to about 16 billion pounds in the budget of the next fiscal year, which means the rise in prices starting from the new fiscal year . Beltone Investment Bank, on the other hand, expects to keep the interest rate at the monetary policy committee meeting on June 28. The central bank began to shift its aggressive monetary policy to an expansionist policy in mid-February when it reduced its deposit and lending rates by 1 percent to 17.75 percent and 18.75 percent, respectively. The central bank cut interest rates by 1 per cent at the end of March, to 16.75 per cent on deposits and 17.75 per cent on lending, for the second time in less than two months, affected by lower inflation. Investment bank Akram Capital said in a research note today that the central bank will remain a fixed interest rate until September. In a few days, it was known that a fall in interest during the second half of the year would be a challenge after the expected sharp rise in gasoline prices. According to Beltone’s research note, energy prices are expected to rise by between 35 and 45 per cent next month. Read also on the other side, in general: Why did the annual inflation in May fall to the lowest level in more than two years? We would like to thank all who read the news very carefully and we liked to bring our views closer to the real leadership. We are always at your best. 3 investment banks expect interest rates to be fixed at the central meeting of the end of the free pen month. We hope we have been impressed everywhere. We have now moved the news of 3 investment banks expecting interest rates to be fixed at the Central Meeting at the end of the month via our free pen site. Do not forget to follow up on the work of “Lake Weshir” through the social networking pages of our website “Free Pen – the Leading Entrepreneur in the Arab Region”. Social Media. Source : Masrawy

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.