FED raises interest rates by 25 basis points
MG News | December 20, 2018 at 12:10 AM GMT+05:00
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 | 171,402.08 123.44M | 0.15% 248.92 |
| ALLSHR | 103,762.74 640.45M | 0.28% 285.71 |
| KSE30 | 50,998.57 52.62M | 0.19% 96.59 |
| KMI30 | 244,665.18 69.20M | 0.37% 899.52 |
| KMIALLSHR | 67,290.94 377.69M | 0.30% 203.90 |
| BKTi | 47,479.22 9.62M | -0.28% -135.50 |
| OGTi | 35,149.09 4.24M | 0.85% 295.17 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 86,520.00 | 86,950.00 85,195.00 | -70.00 -0.08% |
| BRENT CRUDE | 99.97 | 102.30 97.43 | -0.37 -0.37% |
| RICHARDS BAY COAL MONTHLY | 130.00 | 0.00 0.00 | 6.10 4.92% |
| ROTTERDAM COAL MONTHLY | 137.10 | 137.10 137.10 | -0.20 -0.15% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 91.25 | 93.84 89.16 | -1.12 -1.21% |
| SUGAR #11 WORLD | 18.57 | 18.58 18.02 | 0.18 0.98% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Disbursement Report of Foreign Economic Assistance
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()