An economic expert has indicated that the upcoming central bank meeting is likely to maintain the current interest rate unchanged. Lowering borrowing costs at this stage could risk pushing the economy into stagflation, a scenario marked by slow growth, high unemployment, and rising prices. The analyst emphasized that inflation remains above target levels, and premature easing of monetary policy might undermine recent stabilization efforts. Holding rates steady would help sustain price stability while avoiding further economic contraction. Such a decision aligns with cautious approaches seen in other emerging markets facing similar macroeconomic pressures. The central bank’s next move will depend heavily on incoming data on inflation, employment, and consumer spending over the coming months.
— news from \”القاهرة 24\”
— News Original —
خبير اقتصادي: تثبيت سعر الفائدة هو الأرجح في اجتماع المركزي المقبل.. والخفض سيدفعنا نحو ركود تضخمي – القاهرة 24
خبير اقتصادي: تثبيت سعر الفائدة هو الأرجح في اجتماع المركزي المقبل.. والخفض سيدفعنا نحو ركود تضخمي القاهرة 24