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Tag: Interest rates

Gold surpasses its inflation-adjusted peak set in 1980
Business
  • Web Desk
  • Sep 11, 2025
Gold tops inflation-adjusted peak set in 1980 amid economic turmoil

Gold prices have surged 40 per cent this year. During the process, more than 30 nominal records were shattered. The first 11 days of September so far has seen a 5 per cent jump.

US inflation up, Turkiye goes for rate cut, EU holds
Business
  • AFP
  • Sep 11, 2025
US inflation up, Turkiye goes for rate cut, EU holds

And Turkiye, the central bank lowered the key interest rate by 2.5 percentage points in a cut that exceeded expectations as inflation continued to ease.

Trump may allow lawsuit against Powell, cites 'incalculable' damage
World
  • AFP
  • Aug 12, 2025
Trump may allow lawsuit against Powell, cites ‘incalculable’ damage

“The damage he has done by always being Too Late is incalculable,” Trump wrote on his Truth Social platform. He added that he is thinking of allowing a lawsuit taking aim at Powell’s oversight on the Fed’s renovations, but did not offer more details.

NEPRA cuts electricity tariff amid rising inflation
Pakistan
  • Web Desk
  • Aug 07, 2025
NEPRA cuts electricity tariff amid rising inflation

It is the April-June 2025 quarter for which the country has approved the tariff reduction. However, the monthly electricity bills would be adjusted in the coming months.

US interest rates unchanged, Trump says it is hurting the people
Business
  • Reuters
  • Jul 30, 2025
US interest rates unchanged, Trump says it is hurting the people

On the other hand, Trump on Wednesday again pressed ahead with his demand to go for rate cuts, saying the Federal Reserve should lower interest rates as keeping rates high is hurting people.

US Japan
World
  • Reuters
  • Jul 25, 2025
Trade deal clears way for BOJ to tiptoe back to rate hikes

The US has yet to clinch trade deals with China. Analysts expect tariffs effect on Japan to show up more clearly in coming months’ data.

PSX closes at another all-time high amid 9-year low fiscal deficit
Business
  • Web Desk
  • Jul 02, 2025
KSE-100 makes history by crossing 130,000 mark

It is improved the economic indicators that are sustaining the bullish trend, which has made the Pakistan Exchange one of the best performers in the world, showcased by the current record-breaking streak.

gohar ejaz
Latest
  • Web Desk
  • Jun 27, 2025
Controlling boom-bust cycle through high rates is flawed: Gohar

Boom-and-bust patterns witnessed between 2018 and 2022 were not caused by low interest rates or increased imports of daily-use items, but were largely driven by global oil price shocks.

trade announcements
Business
  • Reuters
  • May 18, 2025
Bessent dismisses Moody’s downgrade amid Trump tax cuts debate

A handful of hard-line Republicans blocked the bill from clearing an important procedural hurdle on Friday, saying it did not cut spending sharply enough, with the House of Representatives set to try again in a rare Sunday-night committee session.

Fed rates
World
  • Reuters
  • May 08, 2025
Fed sees rising risks to economy as it leaves rates unchanged

Fed’s policy statement, which held the benchmark rates steady, noted that economic uncertainty has increased further.

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