Sector outlook 2008: Banking & Finance
- Published: 04 January 2008 17:48
- Author:Matthew Martin | More by this Author
- Last Updated: 09 June 2008 13:19
Central banks in the region are expected to follow the US in cutting interest rates.
The first quarter of 2008 will be instrumental in shaping the outlook for the entire year. With further interest rate cuts expected in the US, Middle East central banks will be forced to follow suit to avoid currency speculation.
Central banks in the region are expected to follow the US in cutting interest rates.
The first quarter of 2008 will be instrumental in shaping the outlook for the entire year. With further interest rate cuts expected in the US, Middle East central banks will be forced to follow suit to avoid currency speculation.
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