Bahrain Cuts Rates by 25% âšī¸
The Central Bank of Bahrain reduced its one-week deposit facility rate and overnight deposit rate by 25 basis points to 5.25% in December 2024, aligning with the U.S. Federal Reserve's similar rate cut to maintain Bahrain's monetary and financial stability amidst global economic shifts.
The rate cut by the Central Bank of Bahrain is a neutral event for the given investment portfolio, as it is primarily focused on Bahrain's domestic monetary policy and is aligned with the U.S. Federal Reserve's actions. Since the portfolio does not have any direct exposure to the Bahraini market or currency, the impact on the overall portfolio is expected to be minimal.