Fed to deliver first cut of 2025 as global central banks line up policy moves
Treasury yields have dipped to their lowest in months ahead of the meeting
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Treasury yields have dipped to their lowest in months ahead of the meeting
The OECD expects sovereign borrowing by developed economies to hit USD 17 tn this year
Cuts triggered by a sharp US recession would be less supportive
Some policymakers floated a cut “as soon as the next meeting,” while others saw no need for any in 2025
The Fed now expects weaker economic growth and higher unemployment
Plus: Brent crude's premium to Dubai soars
Plus: Abu Dhabi eyes AED 47 bn in infrastructure contracts for 2H
Fed left interest rate at 4.25%-4.50%
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