Gulf stocks fall as Fed rate-hike bets rise after Warsh remarks
Most Gulf stock markets closed lower on Sunday as investors turned cautious after U.S. Federal Reserve Chair Kevin Warsh reiterated the central bank's commitment to bringing inflation back to target, boosting expectations of another interest-rate increase.
Most Gulf stock markets closed lower on Sunday as investors turned cautious after U.S. Federal Reserve Chair Kevin Warsh reiterated the central bank's commitment to bringing inflation back to target, boosting expectations of another interest-rate increase.
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