• Read our latest GCC insights, ideas, and perspectives shaping the future

Research Reports

U.S. Fed goes all out, as coronavirus outbreak spreads

Download Free PDF Report

Executive Summary

  • U.S. Fed announced a slew of measures on March 15th, 2020 to aid the economy as coronavirus outbreak spreads with an emergency rate cut of 100 bps and USD 700 billion quantitative easing program topping the list. This marks the Fed's second emergency rate cut in two weeks.
  • Central Bank of Kuwait followed the U.S. Fed reducing its discount rate by 100 bps from 2.50% to 1.50%. Qatar has also cut its policy rate by 100 bps. UAE, Saudi Arabia and Bahrain have cut their policy rates by 75 bps.
  • While it is a powerful signal that the U.S. Fed is willing to do what it takes to boost the economy, given the current uncertainty, the extent to which the central bank's measures would be successful and if more such measures would be required remains to be seen.

FAQ

Who prepared this report?
Experienced and qualified team of Marmore Mena Intelligence has prepared this report. Since its inception, Marmore has published over 1000 research reports and covered more than 25 varied industries and policy segments; all focused primarily on the GCC economies.

How exhaustive is this report?
The report spans 4 pages

Can I only download certain sections of the report?
No. The report can be downloaded in full length only

Can we ask questions?
Yes, by all means. You can write your queries to us at enquiry@e-marmore.com

Related Reports