Skip to main content Skip to footer Central bank signals prolonged tight monetary policy amid economic challenges
TCMB raised key interest rate from 45 percent to 50 percent
The bank’s committee is worried as wage growth outpaces inflation at 6 percent
The Fed's policy statement said inflation remained "elevated"
Egypt aims to reduce the debt-to-GDP ratio to less than 80 percent in three years
Japan's move marks global departure from decades of stimulus-driven growth strategies
Türkiye pledges tighter fiscal policies to reduce inflation
The precious metal struggles to overcome resistance level of $2,200
Subcategory prices for housing, water, electricity, gas, and fuels rose 8.5 percent YoY
Inflation data influences gold prices amid Federal Reserve decision-making
Concerns over China's economic weakness continue to impact oil market
Last week, gold reached near record-high levels
The focus on U.S. inflation data, OPEC report influences oil prices
Finance minister emphasizes commitment to sound policies amid sovereign rating upgrade
Sharp rise in food and beverage prices is key driver of inflation uptick
In the UAE, gold prices remained stable at the market opening
Egypt's international bonds surged after CBE’s announcement
PMI survey highlights deterioration in business activity, output and employment
Sharp increases in prices of food, hospitality and education sustain high inflationary trends
Traders await Federal Reserve remarks amidst interest rate cut speculations
Traders await key inflation data amidst shifting expectations
Market grapples with rising crude stockpiles and interest rate speculations
Economic uncertainty and rate cut speculation impact market dynamics
The timing of interest rate cuts remains in focus