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Sun, Jan 18, 2026 | Rajab 29, 1447 | Fajr 05:45 | DXB 
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UAE follows US Federal Reserve to leave rates unchanged
Inflation inching towards US central bank's preferred levels
The Federal Reserve on Wednesday left interest rates unchanged for a third straight time at 5.25 per cent to 5.5 per cent, as inflation heads toward the US central bank's 2 per cent goal.
The Central Bank of UAE (CBUAE) has also decided to maintain the base rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 per cent.
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Inflation by the Fed's preferred measure, the personal consumption expenditures price index, dropped to 3 per cent in the latest reading, from more than 7 per cent at its peak in the summer of 2022.
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