AIRLINK 74.35 Increased By ▲ 0.10 (0.13%)
BOP 5.15 Increased By ▲ 0.10 (1.98%)
CNERGY 4.43 Increased By ▲ 0.01 (0.23%)
DFML 37.26 Increased By ▲ 1.42 (3.96%)
DGKC 88.80 Increased By ▲ 0.80 (0.91%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 32.82 Increased By ▲ 0.10 (0.31%)
FFL 9.76 Decreased By ▼ -0.03 (-0.31%)
GGL 10.85 Increased By ▲ 0.05 (0.46%)
HBL 116.50 Increased By ▲ 0.60 (0.52%)
HUBC 135.26 Decreased By ▼ -0.58 (-0.43%)
HUMNL 9.92 Increased By ▲ 0.08 (0.81%)
KEL 4.62 Increased By ▲ 0.01 (0.22%)
KOSM 4.79 Increased By ▲ 0.13 (2.79%)
MLCF 40.00 Increased By ▲ 0.12 (0.3%)
OGDC 137.90 No Change ▼ 0.00 (0%)
PAEL 26.78 Increased By ▲ 0.35 (1.32%)
PIAA 26.17 Decreased By ▼ -0.11 (-0.42%)
PIBTL 6.79 Increased By ▲ 0.03 (0.44%)
PPL 122.94 Increased By ▲ 0.04 (0.03%)
PRL 26.85 Increased By ▲ 0.16 (0.6%)
PTC 14.20 Increased By ▲ 0.20 (1.43%)
SEARL 59.26 Increased By ▲ 0.56 (0.95%)
SNGP 70.51 Increased By ▲ 0.11 (0.16%)
SSGC 10.50 Increased By ▲ 0.14 (1.35%)
TELE 8.59 Increased By ▲ 0.03 (0.35%)
TPLP 11.26 Decreased By ▼ -0.12 (-1.05%)
TRG 64.31 Increased By ▲ 0.08 (0.12%)
UNITY 26.10 Increased By ▲ 0.05 (0.19%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,852 Increased By 13.6 (0.17%)
BR30 25,498 Increased By 38.1 (0.15%)
KSE100 75,006 Increased By 75.5 (0.1%)
KSE30 24,159 Increased By 13.5 (0.06%)

WASHINGTON: The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as it looks to tackle inflation without damaging the resilient US economy.

US Fed likely to pause rate hikes despite higher inflation

Analysts and traders parsing recent Fed speeches overwhelmingly expect the US central bank to hold rates steady for the second meeting in a row as it looks to return inflation to its long-term target of two percent.

Comments

Comments are closed.