Qatar Central Bank announced a 55 basis point cut to its benchmark interest rate on Wednesday.
A QCB post on X said the move came following an assessment of the State of Qatar’s current monetary policy, based on the Monetary
The US Federal Reserve (the central bank) on Wednesday announced that it has cut interest rates by 50 basis points to a range of 4.75 percent to 5.00 percent.
The Fed’s decision to cut interest rates is the first of
Central Bank of Kuwait (CBK) announced a 25 basis point reduction in the benchmark discount rate to four percent from 4.25 percent.
The new discount rates will be effective tomorrow, Thursday.
CBK Governor Basel Al Haroon told the Kuwait News
The dollar wavered on Wednesday, while the yen regained some lost ground as investors made lastminute tweaks to positions ahead of the Federal Reserve’s policy meeting expected to initiate a US easing cycle.
The US Federal Reserve is expected to