Gulf central banks slash interest rates following US Federal Reserve’s lead
After hiking it 11 times in 16 months and then holding it...
Federal Reserve
Kuwait’s banking sector shows strong stability ahead of crucial Federal Reserve meeting
Balances held with the Kuwaiti Central Bank, government bonds and bills, and...
US labour market faces uncertain future
The state of the labour market leading up to the fall will...
High interest regime over? ECB, BoC loosen monetary policies
ECB President Christine Lagarde said that the central bank needs more time...
Federal Reserve reports growing uncertainty & bleak economic outlook for United States
The Federal Reserve has maintained interest rates at a high level in...
Fed unlikely to cut rates in 2024: Goldman Sachs
Goldman Sachs CEO David Solomon said that given the region's more sluggish...
Saudi banks’ money supply surges 8% in March 2024
As per S&P Global, mortgage financing accounted for 23.5% of Saudi banks’...
Federal Reserve survey finds weaker loan demand, growing adoption of instant payment services
Along with the possible weakening in the loan demand, the Federal Reserve...
Here is what Federal Reserve Chairman has to say about rate cut, US debt
Although the Federal Reserve stated at the time that risks to achieving...
Following US Fed’s lead, MENA economies announce their latest move against inflation
The MPC reiterates that the path of future policy rates remains a...