Trends - interest rate - Business Recorder

Business & Finance

Business community terms policy rate cut ‘insufficient’

KARACHI: The policy rate cut of 100 basis points by the State Bank on Monday disappointed most of the business...

Published 30 Jul, 2024 03:10am

Business & Finance

Fed could open the door to a September rate cut this week

WASHINGTON: The US Federal Reserve may signal this week that interest rate cuts are on the way — although it is...

Published 29 Jul, 2024 06:37am

Business & Finance

Russian central bank hikes key rate to fight inflation

MOSCOW: Russia’s central bank raised its key interest to 18 percent on Friday, the sixth hike in just over a year...

Published 28 Jul, 2024 06:49am

Business & Finance

SBP widely seen cutting rates

KARACHI: Central bank will likely cut its key interest rate again on Monday in its first policy meeting following ...

Published 27 Jul, 2024 06:16am

Business & Finance

Further cut in key policy rate expected

KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce Monetary Policy on Jul 29, 2024 with expectation...

Updated 25 Jul, 2024 09:01am

Editorials

Excessive borrowing

EDITORIAL: It’s quite shocking that the government’s borrowing in the first 11 months of the outgoing fiscal year...

Published 30 Jun, 2024 02:58am

World

Fed leaves rates unchanged, sees just one cut in 2024 despite inflation progress

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to...

Published 13 Jun, 2024 12:08am

Business & Finance

US Fed likely to lower rate cut expectations for 2024

WASHINGTON: The US Federal Reserve kicked off a two-day meeting to set interest rates on Tuesday, with policymakers...

Published 11 Jun, 2024 08:25pm

Markets

ECB starts cutting rates even as inflation fight continues

FRANKFURT: The European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in...

Published 06 Jun, 2024 05:32pm

Markets

Reversal in stance: SBP might opt for rate cut in upcoming MPC meeting, brokerage house says

The State Bank of Pakistan (SBP), scheduled to announce the key policy rate on June 10 (Monday), might opt for...

Updated 31 May, 2024 11:40pm

Business & Finance

Most Asian FX gain, interest rate outlook eyed

BENGALURU: Most Asian currencies and stocks started the week on a positive note, with the South Korean won and the...

Published 28 May, 2024 05:30am

Business & Finance

‘Interest rate should be reduced to 2pc’

FAISALABAD: Former chairman All Pakistan Cotton Power Looms Association and former president FCCI Chaudhry Muhammad...

Published 07 May, 2024 06:58am

Business & Finance

HCCI criticises SBP for not lowering interest rate

HYDERABAD: President Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has expressed his surprise ...

Published 03 May, 2024 06:29am

World

Fed leaves rates unchanged, flags ‘lack of further progress’ on inflation

Likely that gaining greater confidence will take longer than previously expected, says Fed Chair Jerome Powell

Published 01 May, 2024 11:53pm

Markets

Saudi leads as Gulf markets close higher

DUBAI: Stock markets in the Gulf ended higher on Monday, led by the Saudi index on strong corporate earnings, while...

Published 30 Apr, 2024 03:43am

Print

Concerns of rating agencies on external side addressed

ISLAMABAD: Federal Minister for Finance and Revenue, Muhammad Aurangzeb on Saturday addressed concerns of the rating...

Updated 21 Apr, 2024 09:19am

Business & Finance

To cut or not to cut: SBP might opt for caution in monetary policy

Reports by two brokerage houses suggest Pakistan's central bank poised to maintain cautious policy stance

Published 19 Apr, 2024 08:15pm

Opinion

EFF programme, non-inflationary economic growth, and counter-cyclical policy approach

A recent ‘Transcript of Global Financial Stability Report April 2024 press briefing’, carried a rather very...

Published 19 Apr, 2024 05:07am

Business & Finance

Number of credit card users drops due to high interest rates, emergence of alternate products

KARACHI: The number of credit card users is on decline in the country due to the higher interest rate and emergence...

Published 03 Apr, 2024 05:29am

World

Japan’s mixed inflation picture complicates BOJ rate hike path

TOKYO: Japan’s business-to-business service prices continued to rise steadily but a key measure of trend inflation...

Published 27 Mar, 2024 04:38am

Business & Finance

Bank of England holds interest rate at 16-year high

LONDON: The Bank of England on Thursday held its key interest rate at a 16-year high, opting against a reduction as...

Published 21 Mar, 2024 05:53pm

Business & Finance

Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still...

Published 20 Mar, 2024 11:13pm

Print

Mixed expectations: MPS on 18th

KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce the Monetary Policy next Monday (March 18) with...

Updated 13 Mar, 2024 09:42am

Markets

Brokerage house sees ‘strong possibility’ of policy rate cut of 100bps in upcoming MPC

A brokerage house sees “strong possibility” that the State Bank of Pakistan (SBP) may cut the key policy rate by 100...

Updated 12 Mar, 2024 10:38pm

BR Research

Rate cut in the offing?

The bond market is expecting a rate cut soon while the forex players are expecting the currency to be under...

Published 08 Mar, 2024 09:14am

Markets

Europe’s STOXX 600 rises on miners, tech support

PARIS: Europe’s benchmark stock index inched up on Tuesday, with Germany’s DAX hitting a record high, while...

Published 28 Feb, 2024 06:10am

Markets

Europe’s STOXX 600 falls at start of inflation data-driven week

PARIS: Europe’s benchmark stock index dropped on Monday, led by miners, with investors bracing for crucial...

Published 27 Feb, 2024 03:06am

Business & Finance

ECB books first loss since 2004 as rate hikes bite

FRANKFURT: The European Central Bank said Thursday its series of interest rate hikes had led it to a loss in 2023,...

Published 23 Feb, 2024 06:36am

Business & Finance

Dollar drifts higher

NEW YORK: The dollar edged higher against the euro and other major currencies on Monday as investors braced for data...

Published 13 Feb, 2024 05:59am

Markets

Bitcoin hits $50k level for first time in more than two years

WASHINGTON/ LONDON: Bitcoin hit the $50,000 level for the first time in more than two years as the world’s largest...

Published 13 Feb, 2024 05:59am