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US Federal Reserve

US Federal Reserve latest

UAE: Lending Appetite To Grow As Borrowing Costs Could Drop In 2020
January 19th, 2020 - 09:01 GMT

UAE: Lending Appetite Might Grow If Borrowing Costs Drop In 2020

Borrowing costs for personal, auto, and home loans in the UAE are most likely to remain stable, or could slightly drop in 2020. Most of the economists expect the US Federal Reserve to keep rates stable, but some see two rate cuts of 25 basis points this year. Since the UAE follows the Fed in policy rates, the Fed's decision will be directly reflected in the UAE's rates. However, some ...
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Sisi’s visit to the UAE was intended to discuss means of enhancing political, economic, and commercial cooperation (Facebook)
February 7th, 2018 - 04:00 GMT

Photo of Sisi and Abu Dhabi's Crown Prince Having Dinner Goes Viral

President Donald Trump and Jerome Powell, governor of the U.S. Federal Reserve and Trump's nominee for chairman of the Federal Reserve, walk to a nomination announcement in the Rose Garden of the White House in Washington, on November 2, 2017. (Saul Loeb/ AFP)
January 31st, 2018 - 06:00 GMT

Meet Jerome Powell, America’s New Top Banker

Gold prices edged higher on Wednesday, as investors looked ahead to the Federal Reserve's policy meeting, the last under the leadership of Janet Yellen. (Shutterstock)
January 31st, 2018 - 01:16 GMT

Gold Prices Rise Ahead of US Fed's Policy Meeting

Borrowing money in the UAE could become more difficult as interest rates are expected to increase this year, in line with increases by the US Federal Reserve. (Shutterstock)
January 21st, 2018 - 10:26 GMT

Higher Interest Rates, the End of Easy Borrowing in UAE?

Banks across the GCC are expected to see stabilization of the financial profiles and performance after two years of significant pressure, according to S&P Global Ratings. (Shutterstock)
January 14th, 2018 - 12:24 GMT

GCC Banks to Stabilize in 2018: Report

From a monetary policy perspective, 2017 was a year in which central banks around the globe shifted, almost in synchronized step. Here's an outlook for 2018. (Shutterstock)
January 8th, 2018 - 12:00 GMT

Where Major Central Banks Are Likely Headed in 2018: Overview

2017 marked the worst year for the U.S. dollar in more than a decade with the Dollar Index falling over 9%. Will the dollar recover in 2018? (Shutterstock)
January 4th, 2018 - 07:00 GMT

Will the US Dollar Recover in 2018?

In an outrageous prediction for 2018, Saxo Bank expects Bitcoin to peak to $60,000 in 2018. (Pexels)
January 3rd, 2018 - 08:00 GMT

Bitcoin, Gold or Bonds: Where Do I Invest in 2018?

The banking sector in the GCC region is expected to deliver a stable performance in 2018, particularly in the UAE and Saudi Arabia, according to Moody’s. (AFP)
December 24th, 2017 - 06:00 GMT

Stable Outlook for GCC's Banking Sector in 2018: Moody's

Lebanon's real GDP growth is expected to pick up in 2018 supported by the reopening of trade routes with Syria and Iraq by mid-2018. (File photo)
December 14th, 2017 - 02:07 GMT

Reopening Syria, Iraq Trade Routes Will Add to Lebanon's 2018 GDP Growth

The UAE, Saudi Arabia and Bahrain have raised their interest rates today. Kuwait's interest rate remains unchanged. (File photo)
December 14th, 2017 - 01:03 GMT

UAE, Saudi Arabia, Bahrain Follow US With Interest Rate Hike

Royals and businessmen held as part of Saudi Arabia’s corruption probe are already starting to make payments to settle cases, according to reports. (AFP/ File)
November 22nd, 2017 - 02:47 GMT

Saudi Arabia Receives First Payments From Arrested Princes, Businessmen

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