ECB holds rates at record highs, signals upcoming cut FRANKFURT: The European Central Bank kept interest rates at record highs on Thursday but sent an even clearer signal... Published 11 Apr, 2024 07:36pm
Business & Finance ECB seen holding interest rates one last time FRANKFURT: The European Central Bank is expected to freeze its key interest rate at a record high again Thursday but... Published 11 Apr, 2024 10:54am
World US consumer prices accelerate; seen delaying Fed rate cut Third straight month of strong consumer price readings followed on the heels of news last week that job growth accelerated in March Updated 12 Apr, 2024 09:28am
Business & Finance Bank of Canada: can’t cut rates until it sees more inflation progress OTTAWA: The Bank of Canada (BoC) kept its key interest rate unchanged at a near 23-year high of 5% on Wednesday and... Published 10 Apr, 2024 07:58pm
Business & Finance US Fed official now sees just one rate cut at end of 2024 WASHINGTON: The current strength of the US economy means the Federal Reserve should cut interest rates just once... Published 03 Apr, 2024 09:50pm
Business & Finance T-bills witness highest USD inflows after 4 years KARACHI: Finally, with high local interest rates and stable Pak rupee, smart foreign investors are investing in... Updated 03 Apr, 2024 09:21am
World Sri Lanka cuts key interest rates, seeks China deal COLOMBO: Sri Lanka’s central bank cut interest rates Tuesday as the prime minister visited China seeking a debt... Published 27 Mar, 2024 04:38am
BR Research LSM: Still in red, just The Large-Scale Manufacturing (LSM) Index, on a cumulative basis, stayed negative for the 19th straight month, as... Published 18 Mar, 2024 08:17am
Business & Finance Business community leader advocates cut in interest rates KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 17 Mar, 2024 02:49am
Business & Finance Fed divided on risk of cutting rates too soon WASHINGTON: The US Federal Reserve was divided in January over the risks of cutting interest rates too soon or too... Published 23 Feb, 2024 06:36am
Markets National Saving Schemes: CDNS reduces rates of return on majority instruments The Central Directorate of National Savings (CDNS) has again revised the rates of return on majority of its National... Updated 21 Feb, 2024 10:05pm
Business & Finance ‘No request made for help for re-profiling or restructuring of industrial loans’: PALSP ISLAMABAD This refers to erroneous reporting, perhaps due to an error in the minutes of the meeting floated by the... Published 16 Feb, 2024 06:02am
Business & Finance ABL demonstrates resilience, achieves significant growth KARACHI: Despite high interest rates and challenging economic conditions, Pakistan’s banking sector demonstrated... Published 16 Feb, 2024 06:02am
Business & Finance IMF says central banks should not rush into rate cuts WASHINGTON: The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon... Published 03 Feb, 2024 05:46am
Business & Finance BoE puts high rates ‘under review’ LONDON: The Bank of England kept interest rates at a nearly 16-year high on Thursday but opened up the possibility ... Published 02 Feb, 2024 05:20am
Business & Finance Asian currencies hit multi-month lows BENGALURU: Most Asian currencies hit multi-month lows on Wednesday, after the US dollar received a boost from bets... Published 01 Feb, 2024 04:52am
Business & Finance Fed holds rates steady WASHINGTON: The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering... Published 01 Feb, 2024 04:52am
Business & Finance KATI President criticises decision to maintain interest rate KARACHI: Johar Ali Qandhari, the newly elected President of the Korangi Association of Trade and Industry (KATI), ... Published 31 Jan, 2024 05:22am
Business & Finance Industrial sector slams SBP for keeping policy rate unchaged KARACHI: Industrial sector has criticised the central bank for maintaining the policy rate at 22 percent as it is... Published 31 Jan, 2024 05:22am
Print ECB keeps rates unchanged FRANKFURT: The European Central Bank kept interest rates unchanged at a record-high 4% as expected on Thursday and... Updated 26 Jan, 2024 09:55am
Business & Finance SBP’s monetary policy committee to meet on January 29 The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, January 29, 2024 to... Updated 23 Jan, 2024 09:38pm
Business & Finance Business community demands cut in interest rates PESHAWAR: Members of the business community urged the government and State Bank of Pakistan to cut interest rate to... Published 21 Jan, 2024 03:10am
Business & Finance Talk in Davos of ‘high for longer’ as CEOs wrestle with rates DAVOS: Business leaders and financiers in Davos this week said they are preparing for “high for longer” ... Published 20 Jan, 2024 05:18am
Business & Finance ECB’s Lagarde says summer rate cut ‘likely’ DAVOS: The European Central Bank could start cutting interest rates this summer, president Christine Lagarde said... Published 17 Jan, 2024 05:09pm
Opinion An anatomy of economic clichés/mantras of 2023—II It would not be out of place to state that a smaller group of economists in the community in these forums also... Published 14 Jan, 2024 03:13am
Opinion Some important economic policy questions The first important policy question facing policymakers is how much role aggregate demand plays in determining... Published 22 Dec, 2023 05:22am
Editorials If PSX sneezes, economy need not catch a cold EDITORIAL: That PSX (Pakistan Stock Exchange) is on a roller coaster ride is a fact. The way the market moved up in... Published 22 Dec, 2023 05:22am
Print ADB explains why recovery is still constrained Says Pakistan’s inflation rate is expected to ease amid fiscal consolidation and monetary tightening Updated 14 Dec, 2023 09:58am
Business & Finance SBP may hold rates steady as inflation seen easing KARACHI: Central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, with... Published 12 Dec, 2023 05:28am
Markets Wall St inches up on rate cut hopes NEW YORK: Wall Street edged higher on Wednesday as further signs of a cooling jobs market reinforced bets that the... Published 07 Dec, 2023 04:35am