FED raises interest rates by 25 basis points

News Image

MG News | December 20, 2018 at 12:10 AM GMT+05:00

0:00

The U.S Federal Reserve has raised interest rates by 25 basis points to a range of 2.25 percent to 2.50 percent.

The fourth rate hike of 2018 was in line with market expectations.

However, the Fed has forecasted fewer rate hikes next year in the face of financial markets volatility and a slowdown in global growth.

Related News

Name Price/Vol %Chg/NChg
KSE100 135,384.45
74.49M
0.81%
1084.69
ALLSHR 84,618.18
316.65M
0.71%
600.02
KSE30 41,138.42
34.88M
0.79%
324.13
KMI30 193,563.13
36.63M
0.51%
973.97
KMIALLSHR 56,346.45
142.25M
0.49%
274.20
BKTi 37,454.33
6.40M
1.31%
482.58
OGTi 28,258.36
1.62M
0.06%
18.08
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 122,390.00 122,945.00
118,675.00
3860.00
3.26%
BRENT CRUDE 70.47 70.86
70.36
0.11
0.16%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.55 68.95
68.41
0.10
0.15%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 14, 2025 at 10:46 AM GMT+05:00

Bitcoin overtakes Amazon in global asset rankings


July 14, 2025 at 10:24 AM GMT+05:00

Bitcoin surges past $121,000 for first time


July 14, 2025 at 10:00 AM GMT+05:00

Dewan Cement installs 6 MW solar energy system


July 14, 2025 at 09:39 AM GMT+05:00

Petrol prices likely to rise by Rs3–5 from July 16


July 14, 2025 at 09:26 AM GMT+05:00

Indus Motor Company



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg