A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

The number of real estate development companies operating in Egypt has grown remarkably over recent years, rising from just ...

Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

Henley & Partners and New World Wealth published a new report last week predicting that 16,500 millionaires would leave the U ...

President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair ...

The Federal Reserve held its key interest rate steady Wednesday, keeping downward pressure on inflation out of concern that President Donald Trump's tariffs could push up prices.

Key Takeaways The Federal Reserve kept its key interest rate steady at a range of 4.25% to 4.5% Wednesday, as financial markets had widely expected.The Fed is continuing its "wait-and-see ...

The Fed’s decision to hold rates steady has far-reaching implications for almost all forms of borrowing as well as the returns on most savings accounts.