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Russia’s Central Bank has left interest rates unchanged amid turmoil surrounding the rouble’s decline, falling oil prices and rising inflation. After
The European Central bank has cut its growth and inflation forecasts for the eurozone at its latest policy meeting. The news sent the euro to a
Latest figures from the Commerce Department the US economy growing faster than previously thought. Despite the the jitters over China this week and
This week, Business Middle East takes a look at interest rates in the UK and the US and when there could be a hike. In Business Snapshot, we analyse
Despite a sluggish economy and a sliding stock market, Chinese officials recently met with the IMF to discuss the evaluation of the yuan becoming an international currency.
As many analysts anticipated the Federal Reserve left interest rates unchanged in June. The biggest surprise was that Fed Chair Janet Yellen didn’t
Ahead of the forthcoming Federal Reserve meeting Business Middle East sheds light on this key moment for the US and global economies, and assesses
The recent interest rate cut in Turkey and the latest kiss of life to the Greek economy have been the source of intense debate within both those
The Fed's decision to row back on a rate hike unsettled vulnerable Middle East markets already hit by low crude oil prices
The European Central Bank (ECB) may be poised to take decisive action against low inflation rates in the euro area.
Combined with credit
For nine years the single currency created a European money market that worked as one. Interest rates across different types of loans started to