Fed says no rate cut this time around
The key rate remains unchanged at 3.5-3.75%.
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The key rate remains unchanged at 3.5-3.75%.
Policymaker projections issued after the meeting pointed to a single quarter-percentage-point cut next year
A changing of the guard at the Federal Reserve in 2026 could reshape views on the neutral rate
The Fed Chair also flagged a potential halt to its quantitative tightening policy
Bloomberg Economics forecasts 15 of 23 key monetary authorities will lower borrowing costs before year-end
Equity and debt markets in the Gulf stand to benefit from the move
Plus: RTA to set up battery-swapping stations for electric bikes
Plus: UAE-Mercosur trade pact could close in the next few months
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