Economics
Gulf’s Holdout on Rates Is About to Jump on Fed Easing Bandwagon
- Kuwait’s interbank rate higher than in Saudi Arabia and U.A.E.
- Most central banks in Gulf followed Fed’s last two rate cuts
The Central Bank of Kuwait in Kuwait City.
Photographer: Yasser al-Zayyat/AFP via Getty Images
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The only Gulf Arab central bank with an unpredictable monetary policy might finally fall in line this week.