Trends - US Federal Reserve - Business Recorder

US Federal Reserve

US economic activity up slightly as tariff worries rise, Fed survey

WASHINGTON: US economic activity has risen slightly but unevenly since mid-January, employment nudged higher, and...

Published 26 Mar, 2025 08:09am

Opinion

Gold volatility has risen

The Federal Reserve’s decision to keep its policy rate steady was the most significant economic development of the...

Published 24 Mar, 2025 06:28am

Markets

Gold dips on higher dollar, still eyes third weekly gain

LONDON: Gold fell over 1% on Friday due to a stronger dollar and profit-taking, although lingering geopolitical and...

Published 23 Mar, 2025 05:26am

Business & Finance

Fed keeps policy rate outlook intact

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but US central bank...

Published 20 Mar, 2025 05:30am

World

Fed leaves policy rate outlook unchanged amid projected growth slowdown, temporary inflation jump

Federal Reserve leaves policy rate in 4.25%-4.50% range

Published 19 Mar, 2025 11:21pm

Business & Finance

US Fed expected to sit tight as Trump tariff fears buffet markets

WASHINGTON: The US Federal Reserve is widely expected to extend its rate cut pause on Wednesday as it seeks to chart...

Published 19 Mar, 2025 08:53pm

Business & Finance

US Fed kicks of rate meeting with economic fears elevated

Analysts widely expect US central bank to hold interest rates at between 4.25 and 4.50 percent

Updated 18 Mar, 2025 10:33pm

Business & Finance

Fed officials prepare to lay down marker on impact of Trump policies

WASHINGTON: New economic projections from Federal Reserve officials this week will provide the most tangible...

Published 17 Mar, 2025 05:31pm

Business & Finance

Fed likely to keep rates steady

WASHINGTON: The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this...

Published 17 Mar, 2025 05:29am

Business & Finance

Euro gains after German fiscal deal

NEW YORK: The euro gained broadly on Friday after German parties agreed on a fiscal deal that could boost defence...

Published 15 Mar, 2025 05:22am

Opinion

Tariff situation undoubtedly impacting US economy

The US economy added 151,000 jobs, but the unemployment rate rose to 4.1%. This is a key economic indicator for the...

Published 10 Mar, 2025 05:58am

World

Fed Chair Powell flags uncertainty in US economy

WASHINGTON: US Federal Reserve Chair Jerome Powell flagged high uncertainty Friday surrounding President Donald...

Published 07 Mar, 2025 11:35pm

World

Fed seen restarting rate cuts in June as still-elevated inflation slows

US benchmark interest rate is currently at 4.25%-4.50%

Updated 28 Feb, 2025 10:11pm

World

US Fed’s inflation fight at risk of stalling: official

WASHINGTON: The US Federal Reserve’s battle to bring down inflation to target is at risk of stalling as concerns...

Published 20 Feb, 2025 11:08pm

World

Fed’s Harker supports steady interest rate policy stance for now

NEW YORK: Federal Reserve Bank of Philadelphia President Patrick Harker sounded an upbeat note on the state of the...

Published 17 Feb, 2025 08:40pm

World

Fed seen on hold until September, with rising bets on earlier rate cut

The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as...

Updated 13 Feb, 2025 10:21pm

Business & Finance

Trump calls on Fed to lower US interest rates

Lowered interest rates should go hand in hand with upcoming tariffs, says US president

Updated 12 Feb, 2025 10:20pm

World

Fed’s Powell heads to Congress with good data in hand but rising uncertainty

WASHINGTON: Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday with the...

Published 11 Feb, 2025 04:42pm

Business & Finance

US dollar rises in choppy trading after jobs data

NEW YORK: The dollar rose in choppy trading on Friday after data showed that US job growth slowed in January but...

Published 08 Feb, 2025 06:30am

World

Fed’s Kashkari sees policy rate ‘modestly lower’ at end-2025

Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said fresh data published Friday shows the labor...

Published 07 Feb, 2025 09:29pm

Markets

Wall St futures slip, dollar gives ground to yen

SYDNEY: Asian stock markets struggled to make headway on Wednesday as Wall Street futures took a knock from earnings...

Published 05 Feb, 2025 10:45am

World

Fed holds rates steady, drops reference to inflation ‘progress’ from policy statement

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and gave little insight into when further...

Published 30 Jan, 2025 12:23am

Business & Finance

US Fed expected to hold rate steady despite Trump pressure to cut

WASHINGTON: After three interest rate cuts in a row, the US Federal Reserve is expected to signal it will remain on...

Updated 29 Jan, 2025 10:55pm

Business & Finance

US Fed starts rate deliberations with pause expected

WASHINGTON: The US Federal Reserve began two days of interest rate discussions Tuesday, with analysts overwhelmingly...

Published 28 Jan, 2025 07:01pm

World

Scott Bessent wins Senate confirmation as US Treasury secretary

The U.S. Senate on Monday confirmed Scott Bessent to be President Donald Trump’s Treasury secretary, giving the...

Published 28 Jan, 2025 08:34am

World

Fed to hold rates steady at an unsteady moment

WASHINGTON: US Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the...

Published 24 Jan, 2025 09:45pm

Business & Finance

US could cut interest rates 3 or 4 times this year: Fed official

WASHINGTON: The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with...

Published 16 Jan, 2025 09:47pm

Markets

Dollar slips after CPI data

NEW YORK: The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that...

Published 16 Jan, 2025 03:04am

Markets

Most Gulf markets ease on US economic data

DUBAI: Most stock markets in the Gulf were subdued on Thursday as signs of US economic resilience dampened...

Published 10 Jan, 2025 03:51am

Business & Finance

Most Asian currencies fall on US tariff

BENGALURU: Most Asian equities retreated on Thursday, while currencies edged lower, as growing concerns that US...

Published 10 Jan, 2025 03:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 31	148.93
USD to Swiss Franc / Mar 31	0.88
Pound Sterling to USD / Mar 31	1.30
Euro to USD / Mar 31	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
Tokyo Nikkei / Mar 31	35,617.56
Hang Seng / Mar 31	23,146.55
FTSE 100 / Mar 31	8,576.85
Germany DAX 30 / Mar 31	22,201.28
France CAC40 / Mar 31	7,810.99

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Crude Oil USD/Barrel / Mar 31	69.31
Gold Spot USD/Ounce / Mar 31	3,117.12
Cotton US¢/pound / Mar 31	66.49
Petrol/Litre / Apr 1	254.63
Diesel/Litre / Apr 1	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

Markets →

Budget 2024-25: income tax calculator for FY25

US Federal Reserve

Most Popular