Trends - interest rate - Business Recorder

Markets

Nasdaq falls as megacaps drop ahead of earnings

NEW YORK: The tech-focused Nasdaq fell more than 1% on Monday as megacap growth stocks including Apple, Amazon and...

Published 31 Jan, 2023 06:55am

Markets

Gold treads water as spotlight shifts to US Fed meeting

NEW YORK: Gold prices edged down slightly in choppy trade on Monday as investors looked ahead to the US Federal...

Published 31 Jan, 2023 06:47am

Opinion

State of the economy

The first six months of 2022-23 have witnessed considerable uncertainty about country’s economic prospects. ...

Published 31 Jan, 2023 06:01am

Print

SBP says curbing inflation critical to achieving growth

KARACHI: The State Bank of Pakistan (SBP) believed that curbing inflation is essential for ensuring sustainable...

Updated 31 Jan, 2023 09:00am

Business & Finance

Poor access to capital for businesses worries FPCCI chief

KARACHI: Irfan Iqbal Sheikh, the president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 31 Jan, 2023 06:01am

Print

EAG concerned at ‘inadequate’ SBP response

Economic Advisory Group stresses the need for meaningful reforms to achieve sustainable growth, instead of relying on policies that become a source of economic instability

Updated 30 Jan, 2023 09:22am

Print

Dar challenges financial figures presented by IK

ISLAMABAD: Finance Minister Ishaq Dar has accused former prime minister Imran Khan of presenting inaccurate economic...

Updated 28 Jan, 2023 08:44am

Markets

Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes

Experts believe LC issue will be resolved, inflation along with remittances to increase in short term

Updated 27 Jan, 2023 07:04pm

Opinion

Prices and inflation

It is quite clear that overall the monetary policy tool of raising policy rate to rein in inflation has not had any...

Updated 27 Jan, 2023 07:57am

Opinion

The darkness deepens

They say the night is darkest before the dawn. On Monday, it couldn’t have gotten darker—somewhere, someone in...

Published 25 Jan, 2023 06:25am

Business & Finance

Nigeria central bank raises rates by 100 bps despite inflation dip

ABUJA: Nigeria’s central bank raised its benchmark lending rate by 100 basis points (bps) to 17.5% in a decision...

Published 24 Jan, 2023 04:48pm

Opinion

GDP growth in 2022-23 — II

The previous article by this writer had presented the estimate of the GDP growth rate in 2022-23 as negative 1% from...

Updated 26 Jan, 2023 12:50am

Print

Policy rate hiked to 17pc to rein in soaring inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday increased the key policy ...

Updated 24 Jan, 2023 09:05am

Markets

SBP raises key interest rate by 100bps, takes it to 17% — a 25-year high

Governor SBP Jameel Ahmad announces decision at press briefing following the meeting

Updated 23 Jan, 2023 10:04pm

Opinion

Debt, inequality and austerity

‘In most western countries, inequality is rising, and social mobility has stalled. Our citizens are losing...

Published 20 Jan, 2023 06:44am

Business & Finance

US retail sales tumble; monthly producer prices fall

WASHINGTON: US retail sales fell more than expected in December, pulled down by declines in purchases of motor...

Published 19 Jan, 2023 07:03am

Business & Finance

Auto financing portfolio drops for fifth straight month

Amount of outstanding auto financing decreased for the fifth consecutive month at the end of November, data released...

Published 12 Jan, 2023 07:09pm

BR Research

Reassessing MDR

There is a minimum deposit rate (MDR) on the savings deposits of banks. Then there is a higher tax on banks with...

Published 05 Jan, 2023 08:03am

Markets

Oil steadies as rate hike fears counter tighter US stockpiles

NEW YORK: Oil steadied on Thursday after hitting its highest price in two and a half weeks as the impact of tighter...

Published 23 Dec, 2022 05:54am

Business & Finance

Global 2023 earnings growth: Recession, rate hikes seen jamming brakes

NEW YORK/LONDON: Corporate earnings growth is expected to slow in the year ahead in many countries as higher...

Published 21 Dec, 2022 06:05am

Business & Finance

Bank of England lifts interest rate to 14-year high

LONDON: The Bank of England on Thursday hiked its interest rate by half a point to 3.5 percent, the highest level in...

Published 15 Dec, 2022 06:31pm

Business & Finance

UK inflation slows, remains close to 11 percent

LONDON: British inflation slowed more than expected in November but remained near the highest level in more than 40...

Published 15 Dec, 2022 07:40am

Print

PM’s youth loan scheme relaunched

KARACHI: The government has relaunched the Prime Minister’s Youth Loan Scheme with revised features including...

Updated 13 Dec, 2022 09:38am

Business & Finance

Euro zone yields hover near lowest levels in months ahead of ECB meeting

LONDON: Euro zone government bond yields held steady near their lowest levels in months on Thursday as investors...

Published 09 Dec, 2022 05:58am

Markets

Indian shares settle lower on hawkish Fed fears

BENGALURU: Indian shares logged losses amid cautious trading on Tuesday, a day ahead of the domestic central ...

Published 07 Dec, 2022 07:24am

Print

ICCI concerned at 100bps hike in key policy rate

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has shown great concerns over the 100bps hike in ...

Updated 28 Nov, 2022 09:33am

Business & Finance

BMP chief assails hike in policy rate

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) on Saturday ...

Published 27 Nov, 2022 05:58am

Markets

Analysts perplexed as SBP hikes key interest rate to 16% — highest since 1998-99

Some say SBP's comments on demand compression and raising policy rate are in contradiction

Updated 25 Nov, 2022 08:52pm

Markets

SBP raises key interest rate by 100bps, takes it to 16%

MPC says decision reflects view that inflationary pressures have proven to be stronger and more persistent than expected
Majority of market participants had anticipated central bank to maintain key policy rate

Updated 25 Nov, 2022 08:52pm

Print

Monetary policy to be announced on Friday

KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be held on...

Updated 23 Nov, 2022 09:31am