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OECD revises 2024 global growth forecast to 3.2%, hinting stability
The Paris-based organization kept its projection for 2025 at the same level
Dubai inflation sees uptick in August, fueled by increase in fuel, housing, and utilities costs
Dubai’s monthly inflation rose at its second fastest pace this year
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
Nationwide inflation was up 2.08% in 1H 2024
Month-on-month, inflation increased in the first few months of the year
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
Analysts are penciling in rate cuts after US inflation cools to lowest level in years
US inflation dropped to its lowest level in three years
Dubai inflation hits seven-month low in July
The consumer price index in Dubai eased to 3.32%, down from June’s 3.85%
Abu Dhabi’s annual inflation reaches 1.1% in 2Q
Quarterly inflation rose 0.6% in 2Q
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