Federal Reserve Chair Jerome Powell reaffirmed the central bank’s cautious stance on monetary policy, stating that officials are prepared to keep interest rates steady until there is clearer evidence on how tariffs will impact inflation.
Go to articleContinuing his extraordinary and targeted verbal criticism, President Donald Trump called for a massive 2.5-point reduction in interest rates and singled out Federal Reserve Chair Jerome Powell.
Go to articleThe Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year.
Go to articleFederal Reserve officials get to voice their outlook this week on the future path of interest rates, along with the impact that tariffs and Middle East turmoil will have on the economy.
Go to articleAs Pakistan approaches the federal budget announcement for FY2025–26, policymakers are expected to introduce a 5% Federal
Go to articleGold prices eased on Friday but were still headed for a third consecutive week of gains, as U.S. inflation data and dovish comments from a Federal Reserve...
Go to articleGold spot prices decreased by 0.01% ($0.19) at $2,689.18 per ounce, as of [11:22 pm PST] from the prior day's close of $2,689.37 per ounce...
Go to articleOil prices increased on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in 2025, which could hurt economic...
Go to articleThe US Federal Reserve on Wednesday cut interest rates by a quarter point and signaled a slower pace of cuts ahead, triggering a sharp sell-off in the...
Go to articleAsian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of U.S. consumer inflation cemented bets for a...
Go to articleThe Federal Board of Revenue (FBR) has collected Rs237 billion as federal excise duty (FED) from cigarettes during the fiscal year 2023-24...
Go to articleThe US Federal Reserve lowered its federal funds rate by 25 basis points to 4.50%-4.75%, in line with market expectations...
Go to articleThe turn of the global interest-rate cycle, underlined by the US Federal Reserve’s 50bp Federal Funds target rate cut in September...
Go to articleThe record-breaking rally of Pakistan’s bullion market was further spurred this week fueled by the continuous boost in international gold prices...
Go to articleNorth American investment-grade (IG) corporates could see the cost of debt rise in the next few years despite monetary policy easing, says Fitch Ratings...
Go to articleThe scale of the US Federal Reserve’s interest rate cuts in this monetary policy-easing cycle is still likely to be modest in comparison with historical...
Go to articleFederal Reserve rate cuts will relieve pressures on the U.S. housing market, but mortgage rates are unlikely to fall below 5% before 2027, Fitch Ratings says.
Go to articleStocks rallied across the globe on expectations the Fed’s half-percentage-point rate cut will guide the world’s largest economy toward a soft landing...
Go to articleThe US Federal Reserve lowered its federal funds rate by 50 basis points to 4.75%-5.00%, the first reduction in four years...
Go to articleWith an hour to go before the Fed rate decision is announced, markets continue to see a big 50bps rate cut as likelier than a quarter-point...
Go to articleTraders see a 50 basis point rate cut from the Federal Reserve's Wednesday meeting a more likey outcome than the previously expected 25bps reduction...
Go to articleThe US Federal Reserve monetary policy-easing cycle that is about to begin will be mild and slow compared with previous Fed rate-cutting episodes...
Go to articleGold price in Pakistan surged in line with international rates after Federal Reserve Chair Jerome Powell signaled that time has come for interest rate cuts...
Go to articleJerome Powell said the time has come for the Fed to cut its key policy rate, affirming expectations that officials will begin lowering borrowing costs...
Go to articleThe US unemployment rate rose to the highest level in nearly three years, triggering a recession indicator...
Go to articleUS government bonds rallied on economic data seen as cementing the case for three Federal Reserve interest-rate cuts this year...
Go to articleThe US Federal Reserve kept interest rates unchanged at 5.25-5.5% for the eighth straight meeting on Wednesday, in line with the market expectations...
Go to articleAsian stocks and currencies declined after a selloff on Wall Street following activity data that signaled the Federal Reserve may keep rates on hold...
Go to articleThe U.S. consumer price index (CPI) for April 2024 rose by 3.4% YoY, as compared to the 3.5% YoY in March, in line with the market expectations of 3.4%...
Go to articleThe US Federal Reserve decided to leave interest rates unchanged at 5.25%-5.5% for the sixth consecutive meeting....
Go to articleFederal Reserve Chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cut interest rates following a series...
Go to articleThe U.S. consumer price index (CPI) for March 2024 rose by 3.5% YoY, as compared to the 3.2% YoY in February, and higher than the market expectations of...
Go to articleFederal Reserve Bank of Atlanta President Raphael Bostic reiterated his expectation for one interest-rate cut this year, but added he’s open to changing his...
Go to articleThe US Federal Reserve decided to leave interest rates unchanged at 5.25%-5.5% for the fifth consecutive meeting...
Go to articleThe domestic bullion market extended its upward trend for the sixth consecutive session, with 24-karat gold rising by Rs1,500 per tola to reach Rs225,400...
Go to articleThe US Federal Reserve is likely to continue to run down its holdings of US Treasury (UST) and mortgage-backed securities (MBS) until end-2024...
Go to articleFederal Reserve policymakers agreed last month that it would be appropriate to maintain a restrictive stance “for some time,” while acknowledging they were...
Go to articleGoldman Sachs Group Inc. economists revised their outlook for the Federal Reserve in 2024, now anticipating a faster and steeper...
Go to articleThe US Federal Reserve decided to leave interest rates unchanged at 5.25%-5.5% for the third consecutive meeting but indicated cumulative rate cuts of 75...
Go to articleAgainst the backdrop of stronger-than-expected growth, Fitch Ratings expects one more hike in the US federal funds rate in January 2024...
Go to articleThe U.S. consumer price index (CPI) for the month of October 2023 rose by 3.2% YoY, as compared to the 3.7% YoY numbers in September...
Go to articleEquity markets edged up Tuesday as investors cautiously await the release of US inflation data, aware that a big miss in either direction could have major...
Go to articleUS Federal Reserve decided to leave interest rates unchanged at 5.25%-5.5%...
Go to articleMarket participants all around the world have their eyes fixed on the U.S. Consumer Price Index (CPI) data that is due to be released today at 05:30pm PST...
Go to articleThe Federal Reserve Bank of Kansas City's renowned annual conference in Jackson Hole, Wyoming gets underway with an evening dinner on Thursday, setting the...
Go to articleThe moves across global bond markets have been sharp and swift this week. The 10-year Treasury yield rose three basis points to 4.29% on Thursday, approaching..
Go to articleWith U.S. inflation still well above the Committee's longer-run goal and the labor market remaining tight, most participants continue to view the prospect of...
Go to articleThe U.S. Producer Price Index (PPI) for final demand experienced a 0.3% increase in July, U.S. Bureau of Labor Statistics revealed on Friday.
Go to articleThe U.S. consumer price index (CPI) for the month of July 2023 clocked in at 3.2% YoY, compared to 3% YoY in June...
Go to articleThe upcoming U.S. consumer price index data due today at 05:30 PST will likely show a rise in both overall and underlying inflation rates, which could have a...
Go to articleBoth the US Federal Reserve and the European Central Bank seem committed to achieving their 2% inflation target. However, some experts are questioning whether..
Go to articleWorld shares rose while U.S. Treasury yields fell on Friday as markets digested the Bank of Japan's decision to tweak its ultra-loose monetary policy...
Go to articleThe U.S. Federal Reserve raised interest rates by 25 basis points to 5.25%-5.5%, bringing the benchmark funds rate to its highest level in 21 years...
Go to articleU.S. equity futures edged higher in cautious trade Tuesday, hemmed in by risks including upcoming earnings from technology mega caps and this week’s Federal...
Go to articleEuropean stocks declined at the start of a week packed with major central bank policy decisions and corporate earnings as investors fretted about the...
Go to articleThe cash parked at U.S. money-market funds rebounded this week, led by prime holdings that tend to invest in higher-risk assets such as commercial paper...
Go to articleThe U.S. Federal Reserve is due to imminently launch a long-awaited service that will aim to modernize the country's payment system by eventually allowing...
Go to articleThree Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to bring inflation back to the central bank’s...
Go to articleGlobal stocks tumbled on Thursday as investors fretted over the prospect of more US interest-rate hikes and the risk of recession...
Go to articleBank of America (BofA) (BAC) said on Wednesday it planned to increase its quarterly common stock dividend to 24 cents per share from 22 cents per share beginn..
Go to articleThe apparent consensus to maintain the policy rates was not as unanimous as initially portrayed, as some hawkish members appeared to be just biding their time..
Go to articleFederal Reserve chair Jerome Powell said that policymakers expect interest rates to move higher, but at a more moderate pace to reduce the hardship that high in
Go to articleOil prices fell on Thursday extending decline of yesterday, attributed to China’s industrial output and retail sales growth in May falling short of...
Go to articleOil prices fell on Monday with investors assessing the central bank’s desire for additional rate hikes ahead of the U.S. Federal Reserve meeting, while concerns
Go to articleAsian investors traded cautiously on Monday as they awaited key US inflation data and the Federal Reserve's interest rate decision later this week...
Go to articlePakistan Customs has launched a crackdown against smuggled cigarettes throughout the country, the value of cigarettes seized so far is estimated at Rs33.6m...
Go to articleThe U.S. consumer price index (CPI) for the month of April 2023 clocked in at 4.9% YoY, compared to 5% YoY in March...
Go to articleMortgage rates dropped slightly from 6.5% to 6.48% last week after Federal Reserve chairman Jerome Powell hinted at a potential rate hike pause...
Go to articleThere were significant events and developments in the global financial markets....
Go to articleWall Street stocks declined along with the dollar after the Federal Reserve's latest interest rate hike on Wednesday, while US oil prices slid below $70...
Go to articleThe U.S. Federal Reserve raised interest rate by 25 basis points to 5.00%-5.25%. This brings the benchmark funds rate to its highest level in 16 years...
Go to articleThe Likelihood of an economic downturn has soared as recent Federal Reserve minutes, made public on Wednesday, unveiled the alarming....
Go to articleFed attacks US inflation with another interest rate hike
Go to articleFed hikes rates by 0.75 percentage point, flags slowing economy
Go to articleDollar sinks to one-month low amid easing Fed rate hike bets
Go to articleFed's Daly sees U.S. inflation at 2% goal in five years
Go to articleRaising Fed's policy rate to 2.5% by end of 2022 is 'prudent,' Daly says
Go to articleFed's Harker says expects 'methodical' rate hikes to fight 'too high inflation'
Go to articleFed sets to raise interest rates to rein in inflation
Go to articleFRB announces $20.4mn penalty against NBP for AML violations
Go to articleFitch predicts two Fed rate hikes this year, four in 2023
Go to articleFed's Powell pledges to fight inflation in second term
Go to articleFed accelerates stimulus pullback, signals 3 rate hikes in 2022
Go to articleUS Fed warns of 'severe damage' if senators allow debt default
Go to articleFed may hint at ending stimulus, but no big moves expected
Go to articleGold at near three week peak as dollar weakens Fed minutes in focus
Go to articleFed extends loan programme deadline amid high demand
Go to articleUS Fed reiterates pledge to use all tools to help economy
Go to articleUS Fed reiterates pledge to use all tools to help economy
Go to articleUS Fed opens policy meeting amid faltering confidence
Go to articleFederal Reserve convenes as virus puts US recovery on edge
Go to articleCoronavirus uncertainty causes major downside risks says Fed minutes
Go to articleThe US Federal Reserve Kept its benchmark interest rate unchanged at its final meeting of 2019
Go to article| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 130,686.66 280.01M |
0.26% 342.63 |
| ALLSHR | 81,305.25 897.01M |
0.35% 281.26 |
| KSE30 | 39,945.45 114.02M |
0.09% 37.19 |
| KMI30 | 190,698.05 148.61M |
0.61% 1163.05 |
| KMIALLSHR | 55,074.15 495.43M |
0.53% 290.50 |
| BKTi | 34,568.40 28.73M |
-1.07% -372.33 |
| OGTi | 28,739.35 22.59M |
1.57% 443.29 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 110,285.00 | 110,525.00 110,055.00 |
-130.00 -0.12% |
| BRENT CRUDE | 68.77 | 68.89 68.71 |
-0.03 -0.04% |
| RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
-0.75 -0.76% |
| ROTTERDAM COAL MONTHLY | 108.45 | 109.80 108.45 |
-0.55 -0.50% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 67.04 | 67.18 66.99 |
0.04 0.06% |
| SUGAR #11 WORLD | 16.37 | 16.40 15.44 |
0.79 5.07% |
| Name | Last | Chg/%Chg |
|---|---|---|
| 3223 | Pr32ice | Chan2ge |
| Name | Last | Chg/%Chg |
|---|