Gulf Bourses Open Higher on LessHawkish Fed Stance
Feb 8 Reuters Gulf stock markets tarded higher on Wednesday after lesshawkish comments from U.S. Federal Reserve Chair Jerome Powell lifted sentiment and fuelled investor hopes that it may soon ease monetary policy. In an eagerly awaited speech earlier on Tuesday, the Fed39;s Powell reiterated that disinflation has begun. With lessaggressive interest rate hikes in the United […]