Structural Analysis: Monetary Expectations and Asset Class Dispersion Date: Monday, December 1, 2025 I. Monetary Policy and Global Interbank Dynamics The Federal Reserve's observed stance remains within the established range, with the Fed Funds Rate Effective  registering 3.88%  as of the reporting date, denoting a minor +2 basis point (bps) appreciation  over the prior month [5]. This stability contrasts with the persistent forward pricing of an imminent easing cycle across

WEEK OF OCTOBER 20, 2025 A Decelerating Global Rate Cycle Meets UAE's Exceptional Liquidity The global financial landscape this week reaffirms the bifurcation of capital flows , with policy-sensitive Western markets embedding aggressive rate cuts while commodity-backed regional economies maintain superior liquidity and lending stability. The fundamental thesis of the 2025 de-rate cycle  continues to unfold, providing a sustained tailwind for asset valuations and structured de