Another Cliffhanger Rate Decision Awaits Egypt's Wary Doves.

PIGEONS; MONETARY policy; RATES; CENTRAL banking industry

Following a surprise decision to leave the benchmark deposit rate at 12.25% in January, the central bank will have to decide if it can look past an uptick in inflation and the economic havoc unleashed by the virus outbreak in China. "Inflation is well below target, the real policy rate buffer is high, and global risk appetite is strong", said Simon Williams, HSBC Holdings Plc's chief economist for central and eastern Europe, the Middle East and North Africa. [Extracted from the article]

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