Qatar National Bank anticipates Fed tightening

Qatar National Bank expects the U.S. Federal Reserve to move towards tightening monetary policy further under its new chairman, Kevin Warrish, with the possibility of raising interest rates to 4.00 percent by the end of the year and continuing to increase rates during the first quarter of next year. This outlook is driven by rising inflation and expectations of persistent inflationary pressures due to rising energy prices and worsening economic outlooks.

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