Malik: GCC Economies Can Deal With Feed Tightening

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Duration: 05:46 5 hrs ago

Fed officials concluded in January that they would start raising interest rates soon and were on alert for persistent inflation that would justify a faster pace of tightening. The FOMC minutes have not altered trader expectations for at least six rate hikes this year. Monica Malik, Chief Economist at Abu Dhabi Commercial Bank discusses the implications for the MENA region. She speaks with Yousef Gamal El-Din on “Bloomberg Daybreak: Middle East.”