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◾ The head of markets at Sidra Markets, Joe Yarak, tells CNBC Arabia that the vote of two members in favor of raising interest rates at the Fed meeting "reflects that the meeting was leaning towards hawks". And that there is a supportive position in raising interest rates, in light of the continued strength of the American economy and the achievement of high growth rates. ◾ This - according to Yerak - opens the way for the US Federal Reserve to raise interest rates again in December, if the inflation data shows an increase in interest rates at the same time as strong economic growth continues. So, we have to wait to know the upcoming developments.

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CNBC Arabia · · Source

🇺🇸 USA · Map

◾ The head of markets at Sidra Markets, Joe Yarak, tells CNBC Arabia that the vote of two members in favor of raising interest rates at the Fed meeting "reflects that the meeting was leaning towards hawks". And that there is a supportive position in raising interest rates, in light of the continued strength of the American economy and the achievement of high growth rates. ◾ This - according to Yerak - opens the way for the US Federal Reserve to raise interest rates again in December, if the inflation data shows an increase in interest rates at the same time as strong economic growth continues. So, we have to wait to know the upcoming developments.

◾ The head of markets at Sidra Markets, Joe Yarak, tells CNBC Arabia that the vote of two members in favor of raising interest rates at the Fed meeting "reflects that the meeting was leaning towards hawks". And that there is a supportive position in raising interest rates, in light of the continued strength of the American economy and the achievement of high growth rates. ◾ This - according to Yerak - opens the way for the US Federal Reserve to raise interest rates again in December, if the inflation data shows an increase in interest rates at the same time as strong economic growth continues. So, we have to wait to know the upcoming developments.

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