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Powell signals Fed to hold rates steady amid tariff uncertainty

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.

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Trump calls for major rate cut, criticizes Fed Chair Powell

Continuing 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.

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Fed holds rates, signals two cuts later this year

The 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.

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Fed likely to hold rates, signal market-moving outlook

Federal 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.

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Well-intentioned, poorly timed: The risks behind proposed 5% FED on ultra-processed foods

As Pakistan approaches the federal budget announcement for FY2025–26, policymakers are expected to introduce a 5% Federal

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Spot gold falls as U.S. inflation data fuels Fed rate cut hopes

Gold 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...

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Spot gold drops as U.S. jobs data strengthens dollar

Gold 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...

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Oil prices rise as Fed signals slower rate cuts in 2025

Oil 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...

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US Fed signals fewer cuts, sending stocks tumbling

The 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...

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Asian stocks rise ahead of expected Fed rate cut

Asian 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...

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FBR collects Rs237bn FED from cigarettes in FY24

The Federal Board of Revenue (FBR) has collected Rs237 billion as federal excise duty (FED) from cigarettes during the fiscal year 2023-24...

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US Fed cuts interest rates by 25bps

The US Federal Reserve lowered its federal funds rate by 25 basis points to 4.50%-4.75%, in line with market expectations...

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Global rate cuts to ease EM debt burdens

The turn of the global interest-rate cycle, underlined by the US Federal Reserve’s 50bp Federal Funds target rate cut in September...

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Gold sustains record-breaking rally, rates discrepancy arises

The record-breaking rally of Pakistan’s bullion market was further spurred this week fueled by the continuous boost in international gold prices...

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North American corporates to face rising debt costs despite monetary easing

North American investment-grade (IG) corporates could see the cost of debt rise in the next few years despite monetary policy easing, says Fitch Ratings...

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US Fed's rate cuts expected to be limited

The 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...

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US housing market needs more Fed rate cuts to boost supply: Fitch

Federal 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.

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Global stocks rally after Fed’s big rate cut

Stocks 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...

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US Fed cuts interest rates by 50bps, first in 4 years

The US Federal Reserve lowered its federal funds rate by 50 basis points to 4.75%-5.00%, the first reduction in four years...

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Traders still see 50bps Fed cut likelier than 25bps

With 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...

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Traders see 50bps Fed cut likelier than 25bps

Traders see a 50 basis point rate cut from the Federal Reserve's Wednesday meeting a more likey outcome than the previously expected 25bps reduction...

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US Fed's upcoming easing cycle to be tamer, slower

The US Federal Reserve monetary policy-easing cycle that is about to begin will be mild and slow compared with previous Fed rate-cutting episodes...

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Gold jumps to Rs263,700 in Pakistan

Gold price in Pakistan surged in line with international rates after Federal Reserve Chair Jerome Powell signaled that time has come for interest rate cuts...

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Fed’s Powell says ‘time has come’ to cut rates

Jerome Powell said the time has come for the Fed to cut its key policy rate, affirming expectations that officials will begin lowering borrowing costs...

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US recession indicator flashes red

The US unemployment rate rose to the highest level in nearly three years, triggering a recession indicator...

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Market prices in three Fed rate cuts this year

US government bonds rallied on economic data seen as cementing the case for three Federal Reserve interest-rate cuts this year...

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US Fed leaves rates unchanged for eighth consecutive meeting

The 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...

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Asian markets drop as traders eye later Fed cuts

Asian stocks and currencies declined after a selloff on Wall Street following activity data that signaled the Federal Reserve may keep rates on hold...

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US inflation eases to 3.4% YoY in April 2024

The 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%...

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US Fed leaves interest rates unchanged at 5.5%

The US Federal Reserve decided to leave interest rates unchanged at 5.25%-5.5% for the sixth consecutive meeting....

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Powell signals rate-cut delay after run of inflation surprises

Federal Reserve Chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cut interest rates following a series...

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US inflation surges 3.5% YoY in March

The 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...

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US Fed’s Bostic sees one rate cut in 2024

Federal 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...

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US Fed keeps interest rates unchanged at 5.5% for fifth consecutive meeting

The US Federal Reserve decided to leave interest rates unchanged at 5.25%-5.5% for the fifth consecutive meeting...

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Gold prices in Pakistan surge nearly 5% in a week

The 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...

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Federal Reserve to trim treasury, mortgage holdings despite rate cut prospects

The US Federal Reserve is likely to continue to run down its holdings of US Treasury (UST) and mortgage-backed securities (MBS) until end-2024...

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US Fed sees interest rates staying high for some time

Federal Reserve policymakers agreed last month that it would be appropriate to maintain a restrictive stance “for some time,” while acknowledging they were...

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Goldman Sachs sees Fed cutting rate sooner, deeper in 2024

Goldman Sachs Group Inc. economists revised their outlook for the Federal Reserve in 2024, now anticipating a faster and steeper...

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US Fed leaves rates unchanged, expects to cut them by 75bps in 2024

The 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...

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Fitch forecasts one more US rate hike in January 2024

Against the backdrop of stronger-than-expected growth, Fitch Ratings expects one more hike in the US federal funds rate in January 2024...

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US CPI eases to 3.2% YoY, unchanged MoM in Oct

The 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...

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Asian markets up marginally ahead of key US data

Equity 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...

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US Fed keeps interest rates unchanged at 5.5%

US Federal Reserve decided to leave interest rates unchanged at 5.25%-5.5%...

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US CPI data in focus ahead of Fed meeting next week

Market 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...

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Annual Gathering in Jackson Hole: A Central Banking Confluence

The Federal Reserve Bank of Kansas City's renowned annual conference in Jackson Hole, Wyoming gets underway with an evening dinner on Thursday, setting the...

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Global Bond yields surge as Fed signal higher rates

The 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..

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US Fed officials still favor higher rates, but forecasts no recession in 2023

With 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...

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US PPI increases 0.3% in July

The 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.

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US CPI clocks in at 3.2% YoY in July

The U.S. consumer price index (CPI) for the month of July 2023 clocked in at 3.2% YoY, compared to 3% YoY in June...

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US CPI likely to rise to 3.4%

The 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...

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The Big Question: Should US rethink the 2% inflation target?

Both the US Federal Reserve and the European Central Bank seem committed to achieving their 2% inflation target. However, some experts are questioning whether..

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World stocks rise as BOJ tweaks policy, US inflation moderates

World 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...

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US Fed raises interest rates by 25bps to 5.5%

The 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...

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US stock futures advance as markets brace for tech earnings, Fed meeting

U.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...

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Global stocks fall ahead of Central Bank week

European stocks declined at the start of a week packed with major central bank policy decisions and corporate earnings as investors fretted about the...

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US money-market funds reach $5.46tr

The 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...

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US Fed to launch instant payment service available 24/7

The 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...

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US Fed officials say more rate hikes needed to tame inflation

Three 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...

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Global stocks tumble on fears of more rate hikes, recession

Global stocks tumbled on Thursday as investors fretted over the prospect of more US interest-rate hikes and the risk of recession...

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Bank of America to hike dividend by 9% following Fed approval

Bank 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..

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US FOMC Minutes highlight concerns, participants brace for tightening

The 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..

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US Fed sees subdued growth, elevated Inflation

Federal 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

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Oil prices drop on China's economic woes

Oil prices fell on Thursday extending decline of yesterday, attributed to China’s industrial output and retail sales growth in May falling short of...

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Oil prices drop as investors assess Fed's rate hike intentions

Oil 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

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Asian traders await U.S. inflation data and Fed rate decision

Asian investors traded cautiously on Monday as they awaited key US inflation data and the Federal Reserve's interest rate decision later this week...

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Pakistan Customs has launched a crackdown against smuggled cigarettes

Pakistan Customs has launched a crackdown against smuggled cigarettes throughout the country, the value of cigarettes seized so far is estimated at Rs33.6m...

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US inflation stands at 4.9% YoY in April

The U.S. consumer price index (CPI) for the month of April 2023 clocked in at 4.9% YoY, compared to 5% YoY in March...

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Mortgage rates in US slip to 6.48%

Mortgage rates dropped slightly from 6.5% to 6.48% last week after Federal Reserve chairman Jerome Powell hinted at a potential rate hike pause...

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Global market weekly overview

There were significant events and developments in the global financial markets....

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Markets react to fed’s rate increase, Powell’s comments

Wall 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...

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U.S. Fed raises interest rate by 0.25%, signaling possible pause

The 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...

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US banking crisis sparks recession fears: Fed minutes

The Likelihood of an economic downturn has soared as recent Federal Reserve minutes, made public on Wednesday, unveiled the alarming....

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Gold at near three-week peak as dollar weakens; Fed minutes in focus

Gold at near three week peak as dollar weakens Fed minutes in focus

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Fed extends loan programme deadline amid high demand

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US Fed reiterates pledge to use all tools to help economy

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US Fed reiterates pledge to use all tools to help economy

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US election uncertainty turns focus on Fed

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US election uncertainty turns focus on Fed

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US Fed opens policy meeting amid faltering confidence

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Federal Reserve convenes as virus puts US recovery on edge

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FED keeps interest Rates Unchanged

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Coronavirus uncertainty causes 'major downside risks': Fed minutes

Coronavirus uncertainty causes major downside risks says Fed minutes

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Fed Cuts Rate by 50 basis points

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Fed keeps interest rates unchanged

The US Federal Reserve Kept its benchmark interest rate unchanged at its final meeting of 2019

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US Fed opens final 2019 meeting; no rate move expected

US Fed opens final 2019 meeting no rate move expected

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Fed Cuts Key Interest Rate by 25 basis points

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Name	Price/Vol	%Chg/NChg
KSE100	138,597.36 256.32M	-0.05% -68.14
ALLSHR	85,286.16 608.38M	-0.48% -413.35
KSE30	42,340.81 77.13M	-0.03% -12.33
KMI30	193,554.51 76.19M	-0.83% -1627.52
KMIALLSHR	55,946.05 305.11M	-0.79% -443.10
BKTi	38,197.97 16.53M	-0.59% -225.01
OGTi	27,457.35 6.73M	-0.94% -260.91

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,670.00	121,165.00 117,035.00	-1620.00 -1.36%
BRENT CRUDE	69.23	70.77 69.14	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.03	67.54 65.93	-0.20 -0.30%
SUGAR #11 WORLD	16.79	17.02 16.71	0.05 0.30%

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Powell signals Fed to hold rates steady amid tariff uncertainty

Trump calls for major rate cut, criticizes Fed Chair Powell

Fed holds rates, signals two cuts later this year

Fed likely to hold rates, signal market-moving outlook

Well-intentioned, poorly timed: The risks behind proposed 5% FED on ultra-processed foods

Spot gold falls as U.S. inflation data fuels Fed rate cut hopes

Spot gold drops as U.S. jobs data strengthens dollar

Oil prices rise as Fed signals slower rate cuts in 2025

US Fed signals fewer cuts, sending stocks tumbling

Asian stocks rise ahead of expected Fed rate cut

FBR collects Rs237bn FED from cigarettes in FY24

US Fed cuts interest rates by 25bps

Global rate cuts to ease EM debt burdens

Gold sustains record-breaking rally, rates discrepancy arises

North American corporates to face rising debt costs despite monetary easing

US Fed's rate cuts expected to be limited

US housing market needs more Fed rate cuts to boost supply: Fitch

Global stocks rally after Fed’s big rate cut

US Fed cuts interest rates by 50bps, first in 4 years

Traders still see 50bps Fed cut likelier than 25bps

Traders see 50bps Fed cut likelier than 25bps

US Fed's upcoming easing cycle to be tamer, slower

Gold jumps to Rs263,700 in Pakistan

Fed’s Powell says ‘time has come’ to cut rates

US recession indicator flashes red

Market prices in three Fed rate cuts this year

US Fed leaves rates unchanged for eighth consecutive meeting

Asian markets drop as traders eye later Fed cuts

US inflation eases to 3.4% YoY in April 2024

US Fed leaves interest rates unchanged at 5.5%

Powell signals rate-cut delay after run of inflation surprises

US inflation surges 3.5% YoY in March

US Fed’s Bostic sees one rate cut in 2024

US Fed keeps interest rates unchanged at 5.5% for fifth consecutive meeting

Gold prices in Pakistan surge nearly 5% in a week

Federal Reserve to trim treasury, mortgage holdings despite rate cut prospects

US Fed sees interest rates staying high for some time

Goldman Sachs sees Fed cutting rate sooner, deeper in 2024

US Fed leaves rates unchanged, expects to cut them by 75bps in 2024

Fitch forecasts one more US rate hike in January 2024

US CPI eases to 3.2% YoY, unchanged MoM in Oct

Asian markets up marginally ahead of key US data

US Fed keeps interest rates unchanged at 5.5%

US CPI data in focus ahead of Fed meeting next week

Annual Gathering in Jackson Hole: A Central Banking Confluence

Global Bond yields surge as Fed signal higher rates

US Fed officials still favor higher rates, but forecasts no recession in 2023

US PPI increases 0.3% in July

US CPI clocks in at 3.2% YoY in July

US CPI likely to rise to 3.4%

The Big Question: Should US rethink the 2% inflation target?

World stocks rise as BOJ tweaks policy, US inflation moderates

US Fed raises interest rates by 25bps to 5.5%

US stock futures advance as markets brace for tech earnings, Fed meeting

Global stocks fall ahead of Central Bank week

US money-market funds reach $5.46tr

US Fed to launch instant payment service available 24/7

US Fed officials say more rate hikes needed to tame inflation

Global stocks tumble on fears of more rate hikes, recession

Bank of America to hike dividend by 9% following Fed approval

US FOMC Minutes highlight concerns, participants brace for tightening

US Fed sees subdued growth, elevated Inflation

Oil prices drop on China's economic woes

Oil prices drop as investors assess Fed's rate hike intentions

Asian traders await U.S. inflation data and Fed rate decision

Pakistan Customs has launched a crackdown against smuggled cigarettes

US inflation stands at 4.9% YoY in April

Mortgage rates in US slip to 6.48%

Global market weekly overview

Markets react to fed’s rate increase, Powell’s comments

U.S. Fed raises interest rate by 0.25%, signaling possible pause

US banking crisis sparks recession fears: Fed minutes

Fed says more US rate hikes coming