Trends - interest rate - Business Recorder

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

Print

50bps hike in policy rate adds Rs300bn to domestic debt: MoF

ISLAMABAD: The Finance Ministry has disclosed that 0.5 percent (50 basis points) increase in interest rate...

Updated 05 Oct, 2023 11:06am

Business & Finance

MPS tomorrow

KARACHI: The Monetary Policy Committee (MPC) of the SBP will meet on Thursday (tomorrow) at SBP Karachi to decide...

Published 13 Sep, 2023 06:17am

Business & Finance

Another brokerage house expects 200bps hike in key policy rate

Topline Securities also sees PKR/USD in inter-bank market to be in range of Rs320-340 by June 2024

Published 08 Sep, 2023 05:37pm

Business & Finance

SBP says emergency MPC meeting reports baseless

Central bank says premature to forecast future policy rate

Updated 01 Sep, 2023 02:25pm

Markets

Analysts expect rate hike of up to 300bps in SBP’s monetary policy announcement

High inflation and currency depreciation seen as reasons behind expected increase in key policy rate

Updated 31 Aug, 2023 07:28pm

Opinion

Acting on autopilot

From 13.25% policy rate in 2020 to all time high of 22% in 2023, the state of Pakistan’s economy still seems to...

Published 31 Aug, 2023 06:00am

Business & Finance

Global dividends hit record $568bn in second quarter

PARIS: Dividends paid by the world’s biggest listed companies soared to a record $568.1 billion in the second...

Published 31 Aug, 2023 06:00am

Markets

Wall St gains as weak job openings data fuels hopes of rate-hike pause

NEW YORK: Wall Street’s main indexes rose on Tuesday, lifted by growth stocks such as Tesla and Alphabet after a...

Published 30 Aug, 2023 03:33am

Business & Finance

More rate hikes ‘likely’ needed to lower inflation: Fed official

WASHINGTON: A US central bank official said Saturday that more interest rate hikes “will likely be needed” to bring...

Published 05 Aug, 2023 09:26pm

Print

BoE hikes rate 14th time in row

LONDON: The Bank of England on Thursday hiked its key interest rate for a 14th time in a row, by a quarter-point to...

Updated 04 Aug, 2023 08:41am

Editorials

MPS: Will IMF need to recalibrate its expectations?

EDITORIAL: In a surprise move, the Monetary Policy Committee (MPC) left the policy rate unchanged at 22 percent,...

Published 02 Aug, 2023 06:47am

Business & Finance

Policy rate kept unchanged as economic uncertainty ebbs

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate...

Published 01 Aug, 2023 06:19am