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Economy Middle East Summit
Search Economy Middle East
inflation
Economy
Egyptian PM aims to bring down prices of essential goods by 15-20 percent
The government's price reduction plan is set to ease burden on citizens
Economy
Russian central bank maintains 16 percent interest rate amid persistent inflationary pressure
Central bank signals prolonged tight monetary policy amid economic challenges
Economy
Türkiye’s Central Bank shocks markets with unexpected key interest rate increase
TCMB raised key interest rate from 45 percent to 50 percent
Economy
Bank of England maintains interest rate at 5.25 percent, but cut looms near
The bank’s committee is worried as wage growth outpaces inflation at 6 percent
Banking & Finance
US Federal Reserve keeps interest rates unchanged
The Fed's policy statement said inflation remained "elevated"
Economy
Egypt to impose new $21 bn public investment ceiling to drive private sector growth
Egypt aims to reduce the debt-to-GDP ratio to less than 80 percent in three years
Economy
Bank of Japan ends eight-year era of negative interest rates in historic policy shift
Japan's move marks global departure from decades of stimulus-driven growth strategies
Economy
Türkiye likely to keep interest rate unchanged amid inflationary pressures
Türkiye pledges tighter fiscal policies to reduce inflation
Markets
Gold sets to break three-week winning streak on inflation worries
The precious metal struggles to overcome resistance level of $2,200
Economy
Housing costs propel Saudi Arabia’s inflation to 1.8 percent in February
Subcategory prices for housing, water, electricity, gas, and fuels rose 8.5 percent YoY
Markets
Gold prices stabilize as U.S. inflation figures cast doubt on mid-year rate cut
Inflation data influences gold prices amid Federal Reserve decision-making
Markets
Oil surges as U.S. inventory draw exceeds expectations, OPEC forecasts strong demand
Concerns over China's economic weakness continue to impact oil market
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