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CBB announces overnight rate cut after US Fed moveGCC central banks have slashed interest rates after the US Federal Reserve voted to lower interest rates by a half percentage point on Wednesday. The Federal Reserve slashed its benchmark interest rates by 50 b More… |
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GCC central banks raise key rates on US Fed moveThe central banks of Saudi Arabia, Bahrain, UAE and Qatar have decided to increase their key interest rates by 25 basis points after the US Federal Reserve raised benchmark overnight interest rate to 5 to 5.25% range, the tenth consecu More… |
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Gold set for quarterly rise after interest rate-driven declineOn the last trading day of 2022, spot gold rose 0.2% to $1,818.70 per ounce by 2:17 p.m, while US gold futures settled unchanged at $1,826.2, Reuters reported. Gold prices moved up on Friday, as the non-yieldin More… |
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Gold set for quarterly rise after interest rate-driven declineOn the last trading day of 2022, spot gold rose 0.2% to $1,818.70 per ounce by 2:17 p.m, while US gold futures settled unchanged at $1,826.2, Reuters reported. Gold prices moved up on Friday, as the non-yieldin More… |
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SICO investment note highlights market challengesSICO, a leading regional asset manager, broker, and investment bank (licensed as a wholesale bank by the CBB), highlighted in a recent note to investors the challenges posed by high inflation and an aggressive US Federal Reserve rate hike sche More… |
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SICO investment note highlights market challengesSICO, a leading regional asset manager, broker, and investment bank (licensed as a wholesale bank by the CBB), highlighted in a recent note to investors the challenges posed by high inflation and an aggressive US Federal Reserve rate hike sche More… |
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CBB raises key policy interest ratesThe Central Bank of Bahrain (CBB) said it has raised its key policy interest rate by 25 basis points. The move comes following the US Federal Reserve decision to raise its target range for the federal funds interest rate. Announcing the More… |
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US Fed keeps rates steady, signals hike by year-endThe US Federal Reserve left interest rates unchanged on Wednesday but strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further. Fed Chair Janet Yellen, speaking after th More… |
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US Fed keeps interest rates unchangedThe US Federal Reserve kept interest rates unchanged on Wednesday and signalled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years. More… |
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EM relieved as US Fed tones down on rate hikesEmerging markets (EM) are breathing a sigh of relief over the US Federal Reserve’s decision this past week to back down from aggressive interest rate increases, an industry expert said. The dollar’s strength has also s More… |
