Trends - interest rate - Business Recorder

Business & Finance

US Fed official warns against cutting rates too soon

WASHINGTON: It would be a “mistake” for the US Federal Reserve to start cutting interest rates too soon, despite...

Published 07 Feb, 2024 05:30am

Opinion

PBS needs a makeover

Policymaking at all levels of government requires precise, timely and accurate statistics to achieve various targets...

Published 05 Feb, 2024 06:08am

Business & Finance

Dollar jumps after strong jobs report

NEW YORK: The US dollar index jumped to a seven-week high on Friday after data showed that employers added far more...

Published 03 Feb, 2024 05:46am

Markets

Oil prices buoyed by US signals on interest rate cuts

NEW YORK: Oil prices edged higher on Thursday, boosted by the US Federal Reserve signalling a possible start to...

Published 02 Feb, 2024 05:20am

Business & Finance

Asian FX wobbles after Fed holds interest rates steady

BENGALURU: Asian currencies struggled for a clear direction on Thursday as investors assessed signals from the US...

Published 02 Feb, 2024 05:20am

Business & Finance

UBG leaders criticise maintaining interest rate at 22pc

KARACHI: The industrial sector has criticized the central bank for maintaining the policy rate at 22 percent, saying...

Published 31 Jan, 2024 05:22am

Business & Finance

Need stressed to reduce interest rate

KARACHI: Sheikh Umar Rehan, the former President of the Korangi Association of Trade and Industry (KATI), has...

Published 26 Jan, 2024 04:58am

Business & Finance

SBP’s monetary policy committee to meet on January 29

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, January 29, 2024 to...

Updated 23 Jan, 2024 09:38pm

Markets

European shares slide more than 1pc on hawkish ECB remarks

PARIS: European shares declined on Wednesday as more hawkish remarks from European Central Bank (ECB) officials...

Published 18 Jan, 2024 05:54am

Markets

Copper weakens as dollar climbs amid strong inflation

LONDON: Copper prices retreated on Thursday from session highs as the dollar climbed after strong inflation data ...

Published 12 Jan, 2024 03:06am

Markets

European shares fall as hot US inflation data rains on rate-cut hopes

PARIS: European shares ended lower on Thursday after a hotter-than-anticipated US inflation reading doused hopes of...

Published 12 Jan, 2024 03:06am

Business & Finance

Govt borrows Rs283bn thru MTB auction

KARACHI: The federal government borrowed Rs 283 billion in the Market Treasury Bills auction held on Wednesday....

Published 11 Jan, 2024 06:15am

Opinion

Bullish and bearish norms on PSX

When the bulls took over the PSX in the last week of June 2023, few expected their run to continue unbroken for six...

Published 04 Jan, 2024 05:41am

Markets

Australian shares post best monthly gain in 3 years

SYDNEY: Australian shares closed lower in thin trading on Friday but posted a yearly gain, helped by a rally in...

Published 01 Jan, 2024 05:40am

Pakistan

ECC approves Rs55bn EOBI budget

ISLAMABAD: The Economic Coordination (ECC) of the Cabinet has approved Rs55,000 million Employees’ Old-Age ...

Published 30 Dec, 2023 06:28am

Markets

Wall St edges up as year end approaches

NEW YORK: US stocks rose marginally in light trading on the penultimate trading day of 2023, with the S&P 500...

Published 29 Dec, 2023 02:58am

Markets

FTSE 100 touches near 7-month high

LONDON: British equities jumped on Wednesday as investors cheered a surprise drop in domestic inflation, which...

Published 21 Dec, 2023 03:54am

Business & Finance

Dollar rebounds as Fed’s Williams talks down rate cuts

NEW YORK: The dollar bounced on Friday after Federal Reserve Bank of New York President John Williams pushed back...

Published 16 Dec, 2023 05:49am

World

Fed flags end of rate hikes, sees lower borrowing costs in 2024

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections...

Published 14 Dec, 2023 12:34am

Business & Finance

Fed pivot to interest-rate cuts seen likely to start in May

WASHINGTON: A stronger-than-expected US labor market won’t keep the Federal Reserve from pivoting to a series of...

Published 11 Dec, 2023 06:41am

Markets

Australian shares snap 3-day gaining streak

SYDNEY: Australian shares snapped a three-day winning streak on Friday, starting the last month of the year on a...

Published 02 Dec, 2023 05:09am

Markets

Wall St higher as Powell comments bolster peak-rate bets

NEW YORK: Wall Street’s main indexes inched higher on Friday after Federal Reserve Chair Jerome Powell ...

Published 02 Dec, 2023 05:09am

Markets

Gulf markets in black on interest rate cuts bets

DUBAI: Most stock markets in the Gulf ended higher on Wednesday as expectations of an end to a global rate hike ...

Published 16 Nov, 2023 05:39am

Business & Finance

Disappointment shown on not reducing interest rate

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 02 Nov, 2023 03:15am

World

Fed leaves rates unchanged, acknowledges economy is ‘strong’

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase...

Published 01 Nov, 2023 11:18pm

Business & Finance

Policy rate kept unchanged on inflation, C/A

KARACHI: While maintaining the policy rate at 22 percent, the Monetary Policy Committee (MPC) of the State Bank of...

Published 31 Oct, 2023 05:26am

Business & Finance

Not lowering interest rate dismays PBF

KARACHI: The Pakistan Business Forum (PBF) has shown disappointment that SBP kept the interest rate unchanged for ...

Published 31 Oct, 2023 05:26am

Markets

HK stocks rise ahead of US payrolls data

HONG KONG: Hong Kong stocks rose for a second session on Friday, tracking firmer overseas markets, as investors...

Published 07 Oct, 2023 06:01am

Editorials

High interest rate environment

EDITORIAL: It seems the Fed-led hawkish interest rate cycle that started last March and battered tech stocks across...

Published 07 Oct, 2023 06:01am

Markets

Asian FX extend selloff as interest rate woes weigh

SINGAPORE: Most emerging Asian currencies depreciated for the third straight session on Wednesday as market...

Published 05 Oct, 2023 06:23am