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

US Fed seeks more clarity on inflation before cutting rates

Minutes of the US Federal Open Market Committee (FOMC) showed most participants noted the risks of moving too quickly to ease the stance of policy...

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...

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...

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...

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...

Govt appoints four new CCP members

The Federal Government has appointed four new members to the Competition Commission of Pakistan (CCP), In exercise of the powers conferred by sub-section (2)...

Federal government provides loans worth Rs445mln to tribal youth

Federal Government to construct 7 mini Hydel power stations in tribal areas