News
QNB expects the US Fed to cut twice in 2026
11+ hour, 59+ min ago (350+ words) QNB expects the US Fed to cut twice in 2026Gulf Times QNB said Saturday that it expects the US Federal Reserve to continue gradually easing its monetary policy and to implement two additional interest rate cuts this year, bringing the rate…...
Fed expected to hold rates steady as Iran war roils outlook
1+ week, 9+ hour ago (466+ words) Fed expected to hold rates steady as Iran war roils outlook| Gulf Times'Gulf Times Fed expected to hold rates steady as Iran war roils outlook US Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting this…...
Iran war tests Egypt’s resilience after bond outflows surge
1+ week, 2+ day ago (480+ words) Egyptian'assets'have'been'among'the'Middle'East's'worst'hit'by'the'Iran'war,'a'major'stress'test'for'grueling'International'Monetary'Fund-backed'reforms'm......
Dollar caps best week since 2024 as oil surge trims Fed bets
2+ week, 10+ hour ago (518+ words) The dollar wrapped up its best week in more than a year, rallying as the ultimate safe haven amid the conflict in the Middle East and skyrocketing oil prices. The Bloomberg Dollar Spot Index gained 1.3% this week, the best performance…...
Labour market weakness shows risks persist, says Fed official
2+ week, 2+ day ago (619+ words) Federal Reserve Bank of San Francisco President Mary Daly said a disappointing February employment report undermines the notion that the US labour market was stabilising. "The hopes that the labour market was steadying, maybe that was too much, and we…...
IMF: Economic impact of Middle East war depends on conflict duration, extent of damage
2+ week, 4+ day ago (176+ words) The International Monetary Fund (IMF) stated that the economic impact of the war in the Middle East will depend on its duration and the extent of the damage it inflicts on the region's infrastructure and industries. During a conference organized…...
More rate cuts hinge on inflation progress, says Fed official
2+ week, 4+ day ago (315+ words) Federal'Reserve'Bank'of'New'York'President'John'Williams'said'additional'interest-rate'cuts'will'be'warranted'if'inflation'slows'further'once'most'of'the'im... Federal Reserve Bank of New York President John Williams said additional interest-rate cuts will be warranted if inflation slows further once most of the impact of tariffs has passed.If inflation follows the path I expect, further reductions in…...
Goldman Sachs says Turkish bank stocks can go higher in 2027
3+ week, 5+ day ago (257+ words) Turkish'bank'stocks'have'more'room'to'run'after'their'recent'rally,'according'to'analysts'at'Goldman'Sachs'Group'Inc,'who'expect'weaker'inflation'and'falli... Turkish bank stocks have more room to run after their recent rally, according to analysts at Goldman Sachs Group Inc, who expect weaker inflation and falling interest rates to boost the sector in 2027.For 2026, we believe the…...
Turkish monthly inflation near 3%, keeping pressure on central bank
2+ week, 4+ day ago (403+ words) Turkish inflation cooled to 2.96% on a monthly basis in "February while the annual "figure rose to 31.53%, largely as expected, according to official "data on Tuesday "that tees up "a tough rate decision for "the central bank next week. Beyond the…...
Rise in demand hikes prices at Al Wakra Livestock Market
1+ mon, 6+ day ago (341+ words) Rise in demand hikes prices at Al Wakra Livestock Market Al Wakra Livestock Market has been witnessing a strong turnout of customers as traders have made the necessary preparations to meet the anticipated rise in demand during the holy month…...