Trends - US Fed - Business Recorder

US Fed

Fed set to hold rates steady in the face of Trump pressure

WASHINGTON: The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting...

Published 16 Jun, 2025 06:25am

World

US tariffs may hamper efforts to cool inflation: Fed official

WASHINGTON: Shifts in US trade policy could hold back further progress in lowering inflation, a senior US central...

Published 03 Jun, 2025 11:51pm

Opinion

Financial markets likely to be influenced by ongoing geopolitical issues

The Federal Reserve’s preferred measure, the US April core Personal Consumption Expenditure (PCE) price index,...

Updated 02 Jun, 2025 07:44am

World

Trump summons Powell, tells him he’s making a mistake on rates

WASHINGTON: US President Donald Trump called Federal Reserve Chair Jerome Powell to the White House on Thursday for...

Published 30 May, 2025 06:03am

Opinion

US-China trade truce

Ultimately, there is a 90-day pause on tariff-related matters between the US and China, which has introduced a ...

Updated 19 May, 2025 07:29am

Business & Finance

Fed May pause cuts again and wait for clarity on tariffs

WASHINGTON: The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to...

Published 05 May, 2025 06:14am

World

US tariffs could push up inflation, slow growth: Fed official

WASHINGTON: The trade uncertainty fueled by recent tariffs will likely raise the risks of higher inflation and...

Published 04 Apr, 2025 01:04am

Opinion

Yen has weakened due to tariff-related concerns

The activity in the foreign exchange market wrapped up on a lackluster note, failing to establish any clear...

Published 31 Mar, 2025 04:08am

Business & Finance

Fed keeps policy rate outlook intact

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but US central bank...

Published 20 Mar, 2025 05:30am

Business & Finance

Fed likely to keep rates steady

WASHINGTON: The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this...

Published 17 Mar, 2025 05:29am

Opinion

Too late to buy gold?

Gold’s relentless climb toward record highs is no mystery for Mr Market. In a world where financial markets are...

Published 27 Feb, 2025 06:44am

Business & Finance

Dollar strengthens after strong retail data

NEW YORK: The US dollar strengthened against major currencies on Tuesday following better-than-expected retail sales...

Published 18 Dec, 2024 06:37am

Business & Finance

Asian currencies: Indonesian rupiah, Thai baht slip

BENGALURU: Asian equities fell and the Indonesian rupiah and the Thai baht led losses among currencies on Tuesday, ...

Published 18 Dec, 2024 06:37am

Business & Finance

Fed may cut rates in last meeting of Biden era

WASHINGTON: The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on...

Published 16 Dec, 2024 06:08am

Business & Finance

Dollar little changed after CPI

NEW YORK: The dollar was little changed on Wednesday after US price data came in line with forecasts, reinforcing...

Published 12 Dec, 2024 06:50am

Business & Finance

Fed’s favoured inflation gauge ticks up in October

WASHINGTON: US inflation — set to be a key issue for incoming president Donald Trump — accelerated slightly last...

Published 28 Nov, 2024 05:45am

Business & Finance

Dollar weakens against major currencies

NEW YORK: The US dollar weakened against major currencies on Tuesday, due in part to technical factors, taking a...

Published 16 Oct, 2024 06:58am

Business & Finance

US Fed ‘should proceed with more caution’ on rate cuts: official

WASHINGTON: The US Federal Reserve should be more careful with its pace of rate cuts than it was in September, a...

Published 15 Oct, 2024 12:36am

Markets

Wall Street falls after inflation data

NEW YORK: Wall Street opened lower on Thursday as hotter-than-expected September inflation data reinforced...

Published 11 Oct, 2024 06:56am

Business & Finance

Fed terminates 2013 money-laundering enforcement action against Citigroup

WASHINGTON: The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed...

Published 02 Oct, 2024 06:19am

Markets

Dow advances to record high after inflation report

NEW YORK: The blue-chip Dow rose on Friday to hit an intraday record and small-cap stocks outperformed after a ...

Published 28 Sep, 2024 07:45am

World

Trump says Fed’s rate cut was ‘political move’

WASHINGTON: Republican presidential candidate Donald Trump said on Thursday the US Federal Reserve’s decision to...

Published 21 Sep, 2024 06:43am

Business & Finance

US manufacturing mired in weakness; construction spending falls

WASHINGTON: US manufacturing contracted at a moderate pace in August amid some improvement in employment, but a...

Published 04 Sep, 2024 07:59am

Markets

Most Gulf markets gain on US rate cut prospects

DUBAI: Most Gulf markets ended higher on Sunday, extending gains from the previous session, after data supported the...

Published 02 Sep, 2024 07:38am

Markets

Wall Street Week Ahead: US stock rally broadens as investors await Fed

NEW YORK: A broadening rally in US stocks is offering an encouraging signal to investors worried about concentration...

Published 02 Sep, 2024 06:40am

Markets

Gulf markets gain on hopes of early US Fed rate cut

DUBAI: Most stock markets in the Gulf ended higher on Thursday, after US Federal Reserve minutes signalled...

Published 23 Aug, 2024 03:24am

World

Trump says US president should have say over monetary policy

PALM BEACH, (United States): Donald Trump on Thursday voiced frustration at the independence of the Federal Reserve...

Published 10 Aug, 2024 06:51am

Business & Finance

Fed under pressure to cut rates as market turmoil continues

WASHINGTON: The ongoing global stock sell-off has fueled calls for the US Federal Reserve to lower interest rates...

Published 07 Aug, 2024 05:37am

World

US Fed keeps key lending rate unchanged

WASHINGTON: The US Federal Reserve left its key lending rate unchanged again on Wednesday and said it had made "some...

Published 01 Aug, 2024 12:34am

Business & Finance

Dollar dips ahead of Powell comments

NEW YORK: The dollar retreated from earlier highs on Monday ahead of comments from Federal Reserve Chair Jerome...

Published 16 Jul, 2024 06:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 18	283.63
USD PKR Interbank Buying / Jun 18	283.43
USD to Japanese Yen / Jun 18	144.98
USD to Swiss Franc / Jun 18	0.82
Pound Sterling to USD / Jun 18	1.35
Euro to USD / Jun 18	1.15
UK LIBOR % / Jun 17	4.96

Stock	Volume
S&P 500 / Jun 17	5,982.72
Nasdaq / Jun 17	19,521.09
Dow Jones / Jun 17	42,215.80
India Sensex / Jun 18	81,296.14
Tokyo Nikkei / Jun 18	38,885.15
Hang Seng / Jun 18	23,694.84
FTSE 100 / Jun 18	8,846.17
Germany DAX 30 / Jun 18	23,428.07
France CAC40 / Jun 18	7,690.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 17	16,785
Gold 10 Grams PKR / Jun 17	309,756
Petrol/Litre / Jun 18	258.43
Crude Oil USD/Barrel / Jun 18	74.83
Gold Spot USD/Ounce / Jun 18	3,381.83
Diesel/Litre / Jun 18	262.59
Cotton US¢/pound / Jun 18	67.70

Gainers
Losers
Leaders

Stock	Price
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	4.87 ▲ 1 (25.84%)
Cresent Jute / Jun 18 Crescent Jute Products Limited(CJPL)	6.40 ▲ 0.83 (14.9%)
Siddiqsons Tin / Jun 18 Siddiqsons Tin Plate Limited(STPL)	6.89 ▲ 0.75 (12.21%)
Service Textile / Jun 18 Service Industries Textiles Limited(SERT)	19.67 ▲ 1.79 (10.01%)
Rupali polyester / Jun 18 Rupali Polyester Limited(RUPL)	20.34 ▲ 1.85 (10.01%)
Haseeb Waqas / Jun 18 Haseeb Waqas Sugar Mills Limited(HWQS)	12.10 ▲ 1.1 (10%)
Kohinoor Mills / Jun 18 Kohinoor Mills Limited(KML)	44.46 ▲ 4.04 (10%)
Leather Up Ltd. / Jun 18 Leather Up Limited(LEUL)	32.23 ▲ 2.93 (10%)
Hinopak Motor / Jun 18 Hinopak Motors Limited(HINO)	451.03 ▲ 41 (10%)
Zahid Jee Textile / Jun 18 Zahidjee Textile Mills Limited(ZAHID)	36.08 ▲ 3.28 (10%)

Stock	Price
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.18 ▼ -0.7 (-18.04%)
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	2.88 ▼ -0.43 (-12.99%)
First IBL Mod. / Jun 18 First IBL Modaraba(FIBLM)	4.21 ▼ -0.62 (-12.84%)
First Treet Manuf / Jun 18 First Treet Manufacturing Modaraba(FTMM)	4.91 ▼ -0.61 (-11.05%)
Tariq Corp.Pref. / Jun 18 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.94 ▼ -0.98 (-10.99%)
Gulistan Sp. / Jun 18 Gulistan Spinning Mills Limited(GUSM)	8.30 ▼ -0.98 (-10.56%)
Sardar Chemical / Jun 18 Sardar Chemical Industries Limited(SARC)	69.39 ▼ -7.71 (-10%)
PIA Holding Co.B / Jun 18 PIA Holding Company Limited B(PIAHCLB)	13,770.20 ▼ -1529.97 (-10%)
Pakgen Power / Jun 18 Pakgen Power Limited(PKGP)	213.65 ▼ -23.74 (-10%)
Baba Farid Sugar / Jun 18 Baba Farid Sugar Mills Limited(BAFS)	55 ▼ -6.01 (-9.85%)

Stock	Volume
WorldCall Telecom / Jun 18 Worldcall Telecom Limited(WTL)	110,698,161 ▼ -0.11
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	51,711,290 ▲ 1
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	40,869,408 ▼ -0.7
Sui South Gas / Jun 18 Sui Southern Gas Company Limited(SSGC)	35,689,384 ▼ -0.62
TPL Properties / Jun 18 TPL Properties Limited(TPLP)	26,132,805 ▲ 0.34
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	22,498,201 ▼ -0.43
PIA Holding Co.Ltd / Jun 18 PIA Holding Company Limited(PIAHCLA)	19,254,790 ▼ -1.85
Secure Logistics / Jun 18 Secure Logistics Group Limited(SLGL)	18,115,203 ▼ -0.95
First Dawood Prop. / Jun 18 First Dawood Properties Limited(FDPL)	17,153,517 ▲ 0.09
Invest Bank / Jun 18 Invest Capital Investment Bank Limited(ICIBL)	17,046,495 ▼ -0.72

Markets →

US Fed

Most Popular