US FEDERAL RESERVE POISED TO CUT RATES AS GULF ECONOMIES BRACE FOR RIPPLE EFFECTS
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✍️ The US Federal Reserve is expected to deliver its first interest-rate cut in nine months, which will have a ripple effect on the Gulf's dollar-pegged economies and financial markets.
👉 The Fed is expected to deliver its first interest-rate cut in nine months 👉 A 25-basis-point move is seen as virtually certain 👉 The rate cut will impact the Gulf's dollar-pegged economies, including the UAE 👉 The CBUAE typically mirrors the Fed's policy stance 👉 The rate cut is expected to lower borrowing costs and boost lending activity
-- #StephenMiran #LisaCook #JavierRodriguez-Alarcon #VijayValecha #HamzaDweik #JeromePowell #DonaldTrump #US #Gulf #UAE #Jordan #business
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