AIRLINK 60.70 Decreased By ▼ -0.27 (-0.44%)
BOP 6.30 Increased By ▲ 0.01 (0.16%)
CNERGY 4.39 Increased By ▲ 0.06 (1.39%)
DFML 16.19 Increased By ▲ 0.33 (2.08%)
DGKC 70.20 Increased By ▲ 0.90 (1.3%)
FCCL 18.02 Decreased By ▼ -0.18 (-0.99%)
FFBL 26.50 Increased By ▲ 0.25 (0.95%)
FFL 9.25 Increased By ▲ 0.02 (0.22%)
GGL 10.30 Increased By ▲ 0.05 (0.49%)
HBL 115.00 Decreased By ▼ -2.00 (-1.71%)
HUBC 115.55 Increased By ▲ 1.07 (0.93%)
HUMNL 7.08 Increased By ▲ 0.15 (2.16%)
KEL 5.00 Increased By ▲ 0.11 (2.25%)
KOSM 5.45 Increased By ▲ 0.12 (2.25%)
MLCF 38.83 Increased By ▲ 0.33 (0.86%)
OGDC 125.61 Increased By ▲ 1.64 (1.32%)
PAEL 21.90 Increased By ▲ 0.05 (0.23%)
PIAA 12.80 Increased By ▲ 1.00 (8.47%)
PIBTL 6.22 Increased By ▲ 0.12 (1.97%)
PPL 116.50 Increased By ▲ 2.75 (2.42%)
PRL 28.36 Increased By ▲ 0.06 (0.21%)
PTC 12.25 Increased By ▲ 0.80 (6.99%)
SEARL 52.25 Decreased By ▼ -0.05 (-0.1%)
SNGP 67.70 No Change ▼ 0.00 (0%)
SSGC 11.44 Increased By ▲ 0.11 (0.97%)
TELE 8.23 Increased By ▲ 0.38 (4.84%)
TPLP 11.62 Increased By ▲ 0.04 (0.35%)
TRG 72.00 Increased By ▲ 0.19 (0.26%)
UNITY 24.05 Increased By ▲ 0.95 (4.11%)
WTL 1.35 Increased By ▲ 0.06 (4.65%)
BR100 6,787 Increased By 70.1 (1.04%)
BR30 22,842 Increased By 325.5 (1.45%)
KSE100 65,918 Increased By 592.1 (0.91%)
KSE30 22,367 Increased By 221.2 (1%)

Monetary Policy Committee

Egypt's central bank keeps key interest rates on hold

Egypt's central bank keeps key interest rates on hold

  • The bank's monetary policy committee held the overnight lending rate at 9.25% and the overnight deposit rate at 8.25% for a fourth consecutive time, after cutting rates in September and November.
Published 28 Apr, 2021 08:33pm
BoE's Vlieghe says economy will need help even with swift rebound
Business & Finance

BoE's Vlieghe says economy will need help even with swift rebound

  • Vlieghe said in an interview published on Monday that the yardstick for Britain's economic revival should not be just a few quarters of fast growth, but a full recovery of its labour market, too.
  • "My main message is don't think of the Bank Rate being linked to short-term growth in the economy, as that's not enough," he told TheBusinessDesk.com, a regional business news website.
Published 29 Mar, 2021 08:22pm
Bank of England should push back against growth risks: Haskel
Business & Finance

Bank of England should push back against growth risks: Haskel

  • Commercial banks should follow BoE advice to make sure they are ready to implement negative interest rates, although the central bank does not yet know if they will be needed later this year, Haskel added.
  • Risk management considerations dictate that policy should lean strongly against downside risks to the outlook and I remain open to the possibility that the economy might need further support to return inflation to the target sustainably.
Published 05 Mar, 2021 09:05pm
Bank of England's Haldane warns inflation ‘tiger’ is prowling
Business & Finance

Bank of England's Haldane warns inflation ‘tiger’ is prowling

  • People are right to caution about the risks of central banks acting too conservatively by tightening policy prematurely.
  • "There is a tangible risk inflation proves more difficult to tame, requiring monetary policymakers to act more assertively than is currently priced into financial markets," Haldane said.
Published 26 Feb, 2021 06:09pm
Moderate inflation in India provides room to support growth: MPC minutes
Business & Finance

Moderate inflation in India provides room to support growth: MPC minutes

  • The Reserve Bank of India kept rates steady at record low levels this month and said it would maintain support for recovery from the coronavirus by ensuring ample liquidity.
  • The near-term outlook for inflation appears less risky than the near-term challenges for growth which warrant continuing policy support, at least until the elusive engine of investment fires and consumption, the mainstay of aggregate demand in India, stabilizes.
Updated 22 Feb, 2021 10:04pm
Negative rates may be BoE's best tool in future: Saunders
Business & Finance

Negative rates may be BoE's best tool in future: Saunders

  • Saunders, one of nine members of the BoE's Monetary Policy Committee, said in December that he saw scope for borrowing costs modestly below zero.
  • "If we wanted to lower the yield curve from current levels, then I suspect a lower Bank Rate might be more appropriate," he told the Resolution Foundation think tank.
Published 18 Feb, 2021 08:59pm