Central banks in the Gulf region have cut their main interest rates by 25 basis points, starting Thursday, December 11, following the US Federal Reserve, which cut rates by a quarter of a percentage point in a vote that showed a new deep split among its members. The Federal Reserve Bank cut its main interest rate by 25 basis points on Wednesday, at its last meeting in 2025. The US Federal Reserve (the central bank) decided today to cut interest rates by 25 basis points. The Federal Reserve announced at the conclusion of its meeting a cut in interest rates of 25 basis points, ranging between 3.5% and 3.75%, for the third time in 2025.
