CBE policy rates remain unchanged as Egypt reports 14.9% annual urban inflation. The last rate adjustment by the Monetary Policy Committee occurred on February 12, when it reduced the policy corridor by 100 basis points, lowering the deposit rate to 19% and the lending rate to 20%. This move also decreased the main operation and discount rates to 19.5%. Following that, policymakers kept rates unchanged in meetings held in April, May, and July, before repeating this stance in August.