Khaberni - Expectations have increased regarding the direction of the US Federal Reserve towards cutting interest rates during its anticipated meeting in December, amid economic indicators that lean towards a slowdown and decreasing inflationary pressures, which opens up questions about whether this trend will be reflected on borrowers in Jordan, in light of the close link between the Jordanian dinar and the US dollar.
These expectations were reinforced after the US Senate approved, yesterday Tuesday, a bill that ends the longest government shutdown in the history of the United States, ending the political and economic deadlock that had affected the issuance of official data over the past weeks. It is expected that this development will regularize the release of economic indicators, giving monetary policymakers at the "Federal Reserve" the ability to evaluate the economic scene with greater accuracy before making their final decision regarding the interest rate.
Financial market experts believe that any hints from US Federal Reserve officials about upcoming monetary policy directions will be decisive in shaping the price path for the rest of the year 2025, amidst widespread anticipation from global markets.
In the same context, it is expected that the vision regarding whether the US interest rate trends will actually reflect on interest rates in Jordan will become clearer, which could relieve the burdens on borrowers if the Central Bank of Jordan decides to move in a similar direction in the coming period.
