Gulf Gets ‘Gift From Fed’ But Fiscal Stimulus Can Be Gamechanger
The Kingdom Tower, operated by Kingdom Holding Co., right, stands on the skyline above the King Fahd highway in Riyadh, Saudi Arabia.(Photographer: Simon Dawson/Bloomberg)

Gulf Gets ‘Gift From Fed’ But Fiscal Stimulus Can Be Gamechanger

(Bloomberg) -- Policy makers in the Gulf followed the U.S. Federal Reserve’s emergency move on Tuesday, lowering interest rates in response to the coronavirus outbreak as the focus shifts to the ne...
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