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The pace of global rate cuts is slowing as the European Central Bank nears the end of its easing cycle, the U.S. Federal ...
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Arabian Gulf Business Insight on MSNUS Fed rate hold lifts Gulf outlook as banks follow suitThe US Federal Reserve’s decision to keep interest rates steady is echoing across Gulf economies, with regional central banks mirroring the move and economists pointing to a cautiously constructive ...
Ghana’s central bank slashed its benchmark interest rate by 300 basis points to 25% on Wednesday, the largest cut in its ...
The Egyptian pound has climbed to its highest value against the U.S. dollar since November 2024, reigniting debate among investors and economists over whether the rally is sustainable. As of Thursday, ...
Emerging markets local currency debt posted strong returns in the second quarter, building on momentum from earlier in the ...
There’s little reason for the European Central Bank to lower interest rates further unless the economy suffers a major blow, ...
S&P Global Ratings has elevated Pakistan’s foreign‑currency credit score to ‘B-’ (up from ‘CCC+’), while maintaining a stable ...
Investor sentiment toward Egypt has remained broadly positive in recent months, supported by a stronger foreign reserves position, the UAE’s $35 billion investment in Ras El-Hekma, and progress on the ...
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut central bank independence and increase inflation risks.
WASHINGTON (AP) — A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair ...
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