Jordan awaits Fed decision on rate hike
Borrowers and business sectors in Jordan are awaiting the Central Bank's decision on interest rates, following the U.S. Federal Reserve's decision to keep the interest rate within the range of 3.50% to 3.75%. The decision comes amid inflationary pressures and the need to monitor global economic developments, directly impacting financing costs and monthly installments. The Central Bank of Jordan is expected to keep the rate unchanged, allowing for the stability of current installments and a period to observe local developments before making any new decisions.
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