Mubasher: The Federal Reserve is expected to keep interest rates unchanged amid the decline of the US dollar against major currencies, in addition to low employment rate and slowdown in US services sector, according to a report by the National Bank of Kuwait (NBK).
Other factors like the sharp decline of US Non-Manufacturing PMI gauged by the Institute for Supply Management (ISM) will limit the possibility of raising the interest rates.
In mid-June 2016, the Fed left its benchmark interest rate steady at 0.5%.
