Given that the dirham is pegged to the dollar, the UAE’s central bank is closely following US monetary policy as the countries are closely related. The Central Bank of the…
Goldman Sachs increased its prediction for the index’s six-month return from its previous estimate of 6,100 to +6%, predicting a year-end level of 6,600. Goldman Sachs has increased its three-,…
The Central bank is not moving towards a neutral rate where the interest rates neither shrink nor grow the economy. The Federal Reserve is lowering US interest rates by 25…
After the Fed interrupted its quick hike cycle in September 2023, the Fed Funds rate has been at its highest level since the year 2000 for around ten months. When…
The Bank of England prepares to raise interest rates by three-quarters of a percentile to 3% later Thursday, its biggest rate rise, since 1989 as it combats the peak inflation…