Arab Finance: The US Federal Reserve kept interest rates unchanged for the first in more than a year, according to a Federal Open Market Committee (FOMC) statement on June 15th.

The Committee maintained the target range for the federal funds rate at 5 to 5-1/4%, which would allow it to assess further information and its implications for monetary policy.

It also expressed its commitment to return inflation to its 2% objective.

Last month, the Fed hiked the key interest rate by 0.25% for the 10th time in 14 months to hit 5%, marking the highest level since 2007 to cool down soaring inflation.

Egypt plans EGP 5B sovereign sukuk after rate cut Updated 12/28/2025 10:03:00 AM

Fed cuts interest rates by 0.25% as labor market risks rise Updated 12/11/2025 8:58:00 AM

CBE maintains key policy rates unchanged Updated 11/23/2025 7:37:00 AM

Fed cuts interest rates by 0.25% in bid to bolster weak labor market Updated 10/30/2025 7:18:00 AM

Fitch Solutions’ BMI raises Egypt’s GDP FY2025/26 growth forecast Updated 10/26/2025 11:11:00 AM