Central Banks

IMF Says Egypt Should Be Vigilant in Easing Interest Rates

Shoppers in the Attaba district in Cairo. — Shoppers in the Attaba district in Cairo.
Photographer: Islam Safwat/Bloomberg

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By Mirette Magdy and Paul Wallace

May 1, 2025 at 2:00 AM EDT

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The International Monetary Fund said Egypt should tread carefully as it lowers interest rates, due to global uncertainty wrought by US President Donald Trump’s tariff raises.