Egypt

Egypt’s policy outlook drew mixed views as Fitch Solutions forecast the central bank’s key rate falling to 21% by end-2025, then to 11.25% in 2026 before stabilizing at 8.25% from 2028 to 2034, near pre-crisis levels. A Reuters poll, however, pointed to a 100 bps cut to 23% on Aug. 28, following two earlier cuts this year totaling 325 bps. Annual inflation slowed to 13.9% in July from 14.9% in June, easing pressure after years of tightening.