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US Federal Reserve

Banking and FinanceTop Stories

Gulf-based central banks cut interest rates following US Fed lead

GBO CorrespondentNovember 12, 2024
GBO CorrespondentNovember 12, 2024
The Gulf states typically follow the Fed's lead when it comes to...
central banksGCCGulf Cooperation CouncilInflationRepo RateUS Federal Reserve
Banking and FinanceTop Stories

ECB won’t debate inflation target, interest rate projections in upcoming review: Christine Lagarde

GBO CorrespondentJuly 23, 2024
GBO CorrespondentJuly 23, 2024
Christine Lagarde said that the ECB will not discuss adopting the US...
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JPMorgan study predicts 2023’s market risk

GBO CorrespondentFebruary 3, 2023
GBO CorrespondentFebruary 3, 2023
Around 44% of the 835 respondents to JPMorgan's annual institutional and professional...
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Global markets plunge as Fed mulls biggest rate rise in decades

GBO CorrespondentJune 15, 2022
GBO CorrespondentJune 15, 2022
The Dow Jones Industrial Average tumbled 2.8%, the S&P 500 shed 3.9%,...
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Trump’s $2 trillion deals recast US-Gulf relationsBeyond the dollar signs, Donald Trump’s Middle East agreements are poised to reshape the region’s development trajectory…

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Buybacks take backseat as AI drives record US capex spending

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