21
Dec
06:54
Interest rate hike seen having little impact on GCC growth
The expected raise by Gulf Cooperation Council (GCC) banks of lending rates, following interest rate increases, will not meaningfully affect aggregate demand for loans in 2016, according to Fitch.
The 25 basis point rate hikes by the central banks of Saudi Arabia, Bahrain and Kuwait, in line with the decision of the US Federal Reserve, reflect their commitment to their pegs to the dollar, Fitch says. The US Fed raised last week interest rates for the first time …
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Anonymous
Very good overview of the weekly steel market.
Anonymous