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December 10, 2025

US Federal Reserve Cuts Interest Rate by Quarter Point

Washington: The US Federal Reserve cut interest rates on Wednesday by 25 basis points, bringing the range to 3.50-3.75%. This marks the third rate cut this year, reflecting ongoing concerns about the economic environment.

According to Qatar News Age…

Kuwait Central Bank Cuts Discount Rate

Kuwait city: The Central Bank of Kuwait has announced a 25-basis-point reduction in its discount rate, adjusting it to 3.50 percent, effective Thursday.

According to Qatar News Agency, the Central Bank stated that this decision is a result of its c…