Abu Dhabi: The UAE Central Bank has announced it will lower interest rates applied to the issuance of its certificates of deposits in line with the decrease in interest rates on the US dollar, following the US Federal Reserve’s decision. The measure will take …Read more

UAE Central Bank follows US in lowering interest rate

Abu Dhabi The UAE Central Bank has announced it will lower interest rates applied to the issuance of its certificates of deposits in line with the decrease in interest rates on the US dollar
Read more

Fed cuts rates for first time since 2008 crisis UAE Bahrain follow suit

The Central Bank of the UAE rate to 225 per cent from 25 per cent and the lending rate to 425 per cent from 45 per cent The Fed cut interest rates citing concerns about the global economy and muted US inflation and signalled a readiness to
Read more

Turkeys central bank sees lower inflation new head signals sharp rate cuts

ANKARA Reuters – Turkeys central bank cut its inflation forecasts on Wednesday and new governor Murat Uysal said it has considerable room for manoeuvre on interest rates in coming bank governor had failed to follow instructions
Read more

Bank of Canada unlikely to follow Fed interest rate cut at least for now

I dont think the economic indicators at this point are flashing that a recession is upon us Alexander said He doesnt see any urgency for the Bank of Canada to follow the Feds lead The two central interest rate was already lower
Read more

Corrected INSIGHT US interest-rate drop may raise oil prices boost chem exports

US interest-rate drop may lower oil prices boost chem exports dated 31 July 2019 please read in the headline may raise oil prices instead of lower A corrected story follows HOUSTON ICIS–The central bank of the US is expected to lower
Read more