inflation
Hotter-than-expected U.S. inflation data could potentially drive gold prices down
The report forecasts a growth rate of 4.30 percent for the Egyptian economy in 2025/2026
Market expectations for any rate cuts have been pushed out, which could boost the U.S. dollar and potentially dampen oil demand and prices
Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters
Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December
Brent crude futures saw a gain of 31 cents, equivalent to 0.4 percent, reaching $89.32 per barrel
The CBE's Monetary Policy Committee is scheduled to meet on May 23 to review the key interest rates
The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent
Food prices remained unchanged at 5 percent in March compared to February
Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity
Prices of food and non-alcoholic beverages group saw a significant rise of 3.4 percent
