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home / news releases / KSA - Rate Cuts: Not Necessarily What You Think Or Should Hope For

KSA - Rate Cuts: Not Necessarily What You Think Or Should Hope For

iShares Trust MSCI Saudi Arabia

Easing All Over The Place

Last week, the Fed cut rates again, just as the market was "telling" it to do.

Doing so, the Fed continues to be part of a growing group of central banks that are cutting rates. Most recently, we saw rate cuts from the following countries:

  • Indonesia (EIDO): Cutting 25 bps to 5.25%, for the 3rd straight month.
  • Hong Kong (EWH): Cutting 25 bps to 2.25%.
  • China (MCHI, FXI): Cutting rates for 2nd straight month, 5 bps move to 4.20%.
  • Brazil (EWZ):

Read more ...
Stock Information
Company Name: iShares Trust MSCI Saudi Arabia
Stock Symbol: KSA
Market: NYSE
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