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Why rate increase is no answer to 30 percent inflation in Egypt

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Why rate increase is no answer to 30 percent inflation in Egypt
*Analysts say price gains driven by costs rather than demand *Survey predicts no change at central bank meeting on Sunday 20 May 2017, Cairo — Egypt’s central bank is likely to hold interest rates on Sunday, even with inflation still soaring after the removal of currency controls last year. Six of seven economists surveyed by […] More »
Why rate increase is no answer to 30 percent inflation in Egypt Why rate increase is no answer to 30 percent inflation in Egypt Reviewed by Crude Oil Facilitators on 11:24 Rating: 5

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