Ammon News - Jordanians are awaiting an upcoming decision from the Central Bank of Jordan (CBJ) to cut interest rates on its monetary policy instruments by 25 basis points for the third consecutive time, in line with the U.S. Federal Reserve’s third rate reduction announced on Wednesday.
The decision is typically issued by the CBJ's Open Market Operations Committee.
In its seventh meeting last October, the committee approved a 25-basis-point decrease to the central bank’s key interest rate and other policy-related rates.