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Tag: US inflation

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.

Business
  • AFP
  • Jun 10, 2025
Asian markets extend gains as China-US talks head into second day

There is optimism the negotiations — which come after the US president spoke to Chinese counterpart Xi Jinping last week — will bring some much-needed calm to markets and ease tensions between the economic superpowers.

US retail sales
Business
  • Reuters
  • May 15, 2025
US retail sales lacklustre as tariffs start to dampen demand

The apprehension over the economy’s prospects, sparked by President Donald Trump’s on-again, off-again tariffs policy, was underscored by retail giant Walmart, which on Thursday joined the list of companies, ranging from airlines to auto manufacturers, that have either withdrawn or refrained from giving financial guidance.

crude oil price increase
Business
  • Reuters
  • Dec 21, 2024
Brent crude, WTI prices see minimal changes as US inflation cools

Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling US inflation.

FEd interest rate cut
World
  • Reuters
  • Dec 19, 2024
Fed cuts interest rates, but Powell signals caution amid inflation concerns

The US central bank cut interest rates on Wednesday, as expected, but Federal Reserve Chair Jerome Powell said more reductions in borrowing costs now hinge on further progress in lowering stubbornly high inflation, remarks that showed policymakers are starting to reckon with the prospects for sweeping economic changes under a Trump administration.

Kamala Harris fires up: Felon, election fraud, minor sexual assaulter
World
  • Web Desk
  • Sep 11, 2024
Kamala Harris fires up: Felon, election fraud, minor sexual assaulter

SBP import of US dollars
Latest
  • Web Desk
  • Nov 17, 2023
Dollar poised for steep weekly fall

The US dollar is poised for its biggest weekly drop since July, down 1.6% over the past five days, and second-biggest decline this year

Latest

US President Donald Trump has confirmed he will attend the rescheduled White House Correspondents’ Association (WHCA) dinner on July 24, announcing the decision in a Truth Social post: File Photo
  • Web Desk
  • 4 Hours ago
Trump to attend rescheduled White House dinner on July 24
Iran is reportedly reviewing a proposed agreement with the United States aimed at halting the ongoing conflict, although Iranian media claims there has been no direct communication with Washington for several days: File Photo
  • Web Desk
  • 4 Hours ago
Iran studying limited deal to halt war as Trump says talks ongoing ‘continuously’
Citizens in Islamabad and Peshawar experienced a sudden change in weather as both cities received rainfall accompanied by strong winds and stormy conditions: File Photo
  • Web Desk
  • 4 Hours ago
Weather updates: Rain, storm hit Islamabad, Peshawar
Federal government has introduced revised business operating hours in the capital as part of an austerity-driven policy initiative: File Photo
  • Web Desk
  • 5 Hours ago
Islamabad announces new timings for businesses under austerity plan
Security forces killed 17 terrorists during a series of intelligence-based operations (IBOs) carried out in different parts of Balochistan, the military's media wing said on Tuesday: File Photo
  • Web Desk
  • 6 Hours ago
17 terrorists ‘killed’ in intelligence-based operations across Balochistan
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