EGYPT'S CORE INFLATION COOLS TO 14.1%

Egypt's annual core inflation eased to 14.1% in September, down from 14.9% in August, the central bank said Sunday. The 0.8 percentage point drop is the kind of relief the central bank needs to justify cutting borrowing costs without reigniting price pressure. Investors in $EGPT are watching whether Egyptian authorities follow through with rate cuts in the months ahead.