The Fed leaves rates on hold and the UAE Central Bank immediately follows suit.
01 Feb 2024. We've got reaction to the Federal Reserve leaving interest rates on hold – with the UAE Central Bank immediately following suit and the UAE base lending rate remaining at 5.4% - that's with Ed Bell, Senior Economist, Emirates NBD. We also get his take on UAE petrol prices rising around 2 per cent. Plus, we cross live to the US as we speak to investor Keith Fitz-Gerald who has reaction to that Fed rate decision, and earnings from Boeing. We also look at what interest rates being on hold means for our housing market with the co-founder of Nomad Homes, Helen Chen. And, Emirates Post Group has just rebranded - we speak to the Group CEO, HE. Abdulla Mohammed Alashram, about where post is going. See omnystudio.com/listener for privacy information.