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US Fed may reconsider larger rate cut as inflation persists
Economists and market traders expect a quarter-point rate cut in next week’s Fed policy meeting
Brownie points for pacing
Overall GDP growth is forecasted to rise to 4.7% in 2024
Saudi real estate market poised for more growth in 2H 2024, Markaz says
Real estate loans rose 11.5% y-o-y to SAR 767.3 bn at the end of 4Q 2023
Fed chief signals September rate cut as economic risks shift
US inflation fell under the 3% mark in July for the first time since March 2021
Global stocks record best week in nine months as US data calm recession fears
This comes as markets rebound from a “brutal” sell-off during the first week of August
Inflation holds steady for second consecutive month in July
Consumer prices inched up 0.1% m-o-m last month
Residential real estate prices ticked up again last quarter, as commercial prices remained unchanged
Apartment prices rose 2.9% y-o-y in 2Q 2024
Demand for Riyadh office space surges despite rising rents and high occupancy rates -Savills
Grade A offices remained 98% occupied last quarter.
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