The Federal Reserve cut U.S. interest rates by half a percentage point
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Image used for illustrative purpose Kuwait Central Bank employees walk outside the bank in Kuwait City.
CAIRO - The Central Bank of Kuwait on Wednesday cut its discount rate by 25 basis points to 4.00% from 4.25%, a statement said, after the Federal Reserve cut U.S. interest rates by half a percentage point.
(Reporting by Jaidaa Taha and Yomna Ehab)
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