Gulf Markets React to Fed's Delay in Policy Easing and US Rate Cut Hopes =============== #2bec84fb ver:0.47 Gulf markets react to Fed's delay in policy easing and US rate cut hopes, mirroring cautious US monetary policy environment. Dubai and Abu Dhabi indices drop, while Saudi Arabia and Qatar indices see gains. Gulf markets closely tied to US economy due to currency pegs, making them vulnerable to shifts in US policy and global market sentiment. Understanding interplay between local and international monetary policies crucial for forecasting economic stability in Gulf. Gulf nations may need to diversify strategies to mitigate risks of heavy reliance on another country's monetary policy. #GulfMarkets #Fed #USMonetaryPolicy #EconomicStability... #newstr #GulfMarkets #FederalReserve #UsMonetaryPolicy #RateCut https://here.news/story/2bec84fb?ver=0.47