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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
EgyptEgypt Interest Rate Decision held to 19.0% in May 2026
FMPMonthlyReleased May 2026
Egypt Interest Rate Decision held to 19.0% in May 2026. The reading matched the 19.0% consensus. Year-over-year, the indicator is down 5.0%. Over the past 3 months, Interest Rate Decision averaged 19.0%, vs 19.33% in the prior 3-month window. Interest Rate Decision is now the lowest in 31 months.
Latest Release
19
Actual
19
Consensus
19
Previous
Median Absolute Error
±0.13 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 19
Actual: 19
Error: +0
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▲ Direct | +0.86 | FOREX | Bullish USD | → View |
| EUR/USD | ▼ Inverse | −0.86 | FOREX | Bearish EUR | → View |
| GBP/USD | ▼ Inverse | −0.70 | FOREX | Bearish GBP | → View |
| XAU/USD | ▼ Inverse | −0.51 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Interest Rate Decision (Egypt) was reported at 19% in May 2026. This matched the market consensus of 19% exactly. The reading was unchanged from the previous release. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 20.63%, ranging from 19% to 24% across 8 releases.
WHY IT MATTERS
The trailing three releases averaged 19%, down from the prior three at 20.67%. Volatility over the past year (σ 1.65%) is higher than the prior year (σ 1.2%). In May readings over the past 3 years, Interest Rate Decision has averaged 23.42%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/JPY (Bullish USD). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.13%.
WHAT TO WATCH NEXT
The next release is scheduled for July 9, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Interest Rate Decision - EG
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About Interest Rate Decision — Egypt
DEFINITION
The Interest Rate Decision is a key financial indicator that reflects the decision made by a central bank or monetary authority to either increase, decrease, or maintain the current interest rates. This decision has a significant impact on the economy, as it affects the cost of borrowing money, inflation rates, and overall economic growth. Investors and businesses closely monitor interest rate decisions as they can have a significant impact on financial markets and investment strategies.
WHY THIS INDICATOR MATTERS
Policy-rate decisions and associated communication are the primary near-term driver of front-end rates, currencies, and equity-discount-rate inputs. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 19 %, consensus 19 %. Prior reading (May 2026): 19 %. Before that (Apr 2026): 19 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary neutral force in the current projection. This indicator correlates most strongly with USD/JPY (Bullish USD, r=0.86) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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