Banks H. Kong adjusts base rate in line with US Fed cut Nada Ali Dec 19, 2024 0 The Hong Kong Monetary Authority (HKMA) announced a reduction in the Base Rate to 4.75 per cent, effective…
Featured UAE c. bank cuts base rate following US Fed’s decision Aya Anwar Dec 19, 2024 0 The Central Bank of the UAE (CBUAE) has reduced the Base Rate for the Overnight Deposit Facility (ODF) by 25 basis…
Commodities Gold prices plunge on Fed rate cut Nada Ali Dec 19, 2024 0 Gold fell over two per cent to a one-month low on Wednesday after the US Federal Reserve cut interest rates as…
Featured Fed’s Powell: Too soon to assess impact of Trump’s policies on economy Yomna Yasser Dec 18, 2024 0 US Federal Reserve Chairman Jerome Powell stated on Wednesday that it remains too soon to determine how…
Money US Fed is not ‘looking for a law change’ to own bitcoin Yomna Yasser Dec 18, 2024 0 US Federal Reserve Chair Jerome Powell said on Wednesday that the central bank has no plans to add bitcoin to its…
Featured Powell describes Wednesday’s rate cut a ‘closer call’ but ‘right call’ Yomna Yasser Dec 18, 2024 0 US Federal Reserve Chair Jerome Powell described Wednesday’s decision to cut interest rates as a “closer call,”…
Featured URGENT: Fed cuts rates for third, final time this year Yomna Yasser Dec 18, 2024 0 The US Federal Reserve has cut interest rates by a quarter point on Wednesday, bringing down the cost of borrowing…
Commodities Gold prices steady amid Fed watch Nada Ali Dec 18, 2024 0 Gold prices remained stable on Wednesday as investors closely watched the Federal Reserve's upcoming monetary…
Commodities Gold prices hold steady ahead of Fed decision Nada Ali Dec 17, 2024 0 Gold prices stabilised on Tuesday ahead of the Federal Reserve policy meeting.
Commodities Gold prices rise on Fed rate cut hopes Nada Ali Dec 16, 2024 0 Gold prices increased on Monday as investors awaited a possible interest rate cut by the Federal Reserve this week.