Gulf central banks raise rates

Source: Dukascopy Bank SA
In tandem with the US Federal Reserve, various Persian Gulf country central banks have increased their currency base interest rates. Namely, Bahrain, Saudi Arabia, Qatar and United Arab Emirates all have hiked.
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Thu, 22 Sep 2022 11:07:15 GMT

Bank of England hikes as expected

At 11:00 GMT, the Bank of England voted to hike interest rates by additional 0.50%, as it was expected by the markets. Moreover, the markets expected the decision to be unanimous. The committee voted exactly that way, as all nine members voted for a 0.50% hike.

Fri, 23 Sep 2022 08:30:07 GMT

Major banks increase rate projections

In the aftermath of this week's Federal Reserve Rate hike and press conference, major banks like Barclays and Goldman Sachs have increased their Fed Fund Rate hike forecasts.

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