Fed Holds Rates; Saudi Arabia's Giga Spending | Horizons Middle East & Africa 1/29/2026
Bloomberg Television·2026-01-29 07:23
JOUMANNA: OUR TOP STORIES THIS MORNING -- THE FED HOLDS RATES WITH JEROME POWELL, POINTING TO AN IMPROVED U.S. OUTLOOK AS THE LABOR MARKET STUDIES. POWELL ALSO ADVISED HIS SUCCESSOR TO STAY OUT OF ELECTED POLITICS. GOLD, COPPER, AND SILVER HIT ALL-TIME HIGHS AS A WEAKER DOLLAR AND RISING GEOPOLITICAL TENSIONS PROVIDE FRESH MOMENTUM.AND THE WORLD'S LARGEST TECH FIRMS ARE RAMPING UP SPENDING ON AI. MET'S PLANS BOOSTING THE LIKES OF SAMSUNG AND SK HYNIX. IT'S JUST GONE 9:00 A.M. ACROSS THE EMIRATES. SO MUCH TO ...