Fed leaves rates unchanged Published 29 Oct, 2026 04:31am WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, opting to delay any changes to...
Fed holds rates steady as it awaits 'accumulation of more information' Published 28 Oct, 2026 11:18pm The US central bank said it would maintain its benchmark interest rate within the current 3.75%-4.00% range
Fed may hold rates steady Published 26 Oct, 2026 04:07am WASHINGTON: The US Federal Reserve appears set to hold interest rates steady at its meeting next week, analysts say,...
Oil price hike poses challenges for Fed policymakers Updated 26 Oct, 2026 06:42am The main event in the financial sector last week was the drop in 10-year US Treasury yields, which fell beneath the...
US bond yields present a contrasting narrative Updated 05 Oct, 2026 06:08am The employment report published on Friday showed a notable shortfall compared to market predictions, which had...
Fed’s Kashkari says inflation is still too high across US economy Published 21 Sep, 2026 04:53am WASHINGTON: Minneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all...
Fed raises rates in search of 'timelier' drop in inflation, sees more tightening ahead Published 17 Sep, 2026 04:22am The rate increase was the first such move in three years and the first policy shift under the new Fed chief
Fed worried about stagnation of inflation expectations Updated 17 Aug, 2026 07:00am The economic information coming out of the United States in recent weeks shows some inconsistency that might not...
Fed dissenters sketch the case for a rate hike Published 01 Aug, 2026 05:59am WASHINGTON: Three Federal Reserve officials who dissented at this week’s policy meeting in favor of an interest rate...
Dollar eases as Fed decision in focus Published 30 Jul, 2026 05:15am NEW YORK: The US dollar edged down on Wednesday but stuck to familiar ranges against major currencies as investors...
S&P 500 and Nasdaq rise as bank earnings buoy sentiment Published 15 Jul, 2026 02:14am NEW YORK: The S&P 500 and the Nasdaq rose on Tuesday after softer-than-expected inflation data fueled hopes the...
Gold experiencing heightened volatility Updated 13 Jul, 2026 05:37am In a critical economic environment, the Federal Reserve has released the minutes from the June 16-17 Federal Open...
Gold drifts lower after Trump says deal with Iran ‘over’ Published 09 Jul, 2026 05:04am NEW YORK: Gold prices fell on Wednesday as oil prices surged and inflation concerns intensified after US President...
Fed says committed to combatting ‘too high’ prices Published 02 Jul, 2026 05:45am WASHINGTON: US Federal Reserve Chair Kevin Warsh said Wednesday the central bank was committed to fighting “too...
Dollar firms as markets await Fed decision Published 18 Jun, 2026 05:37am NEW YORK: The dollar edged higher on Wednesday ahead of the conclusion of the Federal Reserve’s two-day policy...
Finally, there’s light at the end of the tunnel Published 15 Jun, 2026 02:32am Optimism regarding the potential for a peace agreement between the United States and Iran has increased in the...
Dollar falls from highs Published 09 Jun, 2026 04:58am NEW YORK: The dollar pulled back on Monday from its highest level in nearly two months, after Iran said its attacks...
Dollar climbs for fifth straight day Published 16 May, 2026 02:29am NEW YORK: The dollar gained for a fifth straight day on Friday and was poised for its largest weekly percentage rise...
Open market rates of foreign currencies Published 07 May, 2026 02:13am KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (May 06,...
US Attorney says Fed IG’s findings will dictate future of her Powell probe Published 04 May, 2026 05:20am WASHINGTON: The prosecutor who dropped the criminal investigation launched by President Donald Trump’s...
Changes in global economic environment also unfavourable for gold Updated 04 May, 2026 05:53am As the geopolitical crisis remains unresolved and appears increasingly complicated, necessitating greater clarity...
Dollar firms as markets weigh Iran war Published 29 Apr, 2026 05:57am NEW YORK: The dollar strengthened on Tuesday as risk-off sentiment driven by the Iran war outweighed a brief yen...
UK progressing at reasonable speed Updated 16 Feb, 2026 05:39am Last week, two significant economic indicators from the US were published. The jobs report exceeded expectations,...
Fed holds rates steady, sees 'elevated' inflation and stabilizing job market Updated 29 Jan, 2026 06:37am Economic activity has been expanding at a solid pace,” Fed policymakers said
Trump’s WEF speech eases some tensions Updated 26 Jan, 2026 06:58am Last week, Greenland was the center of attention in the global financial markets. However, Donald Trump’s appearance...
Wall Street Week Ahead: Fed, big earnings week loom for markets as global tensions muddy outlook Published 26 Jan, 2026 06:04am NEW YORK: Investors who have been consumed by geopolitical turmoil to start the year may switch focus in the coming...
Dollar strengthens before Fed minutes Published 31 Dec, 2025 05:54am NEW YORK: The dollar advanced on Tuesday ahead of the release of minutes from the Federal Reserve’s December...
Gold up as US unemployment rate rises in Nov Published 17 Dec, 2025 06:12am NEW YORK: Gold prices rose on Tuesday as investors analyzed a US jobs report that showed the unemployment rate rose...
Dollar retreats ahead of Fed decision Published 11 Dec, 2025 03:26am NEW YORK: The US dollar weakened on Wednesday, erasing two days of gains, as investors trimmed positions in...
Gold slips ahead of Fed’s rate decision Published 11 Dec, 2025 03:25am NEW YORK: Gold prices edged lower on Wednesday as investors booked profits ahead of the US Federal Reserve’s...