The ADB noted that State Bank of Pakistan (SDB) will miss the inflation target of 21 percent, despite the government imposing a staggering 22 percent interest rate. Pakistan is expected to clock ...
ISLAMABAD: The weekly inflation, measured by the Sensitive ... ARY News reported quoting Pakistan Bureau of Statistics (PBS) reported on Friday. According to the PBS data, the SPI for the week ...
The Bank of England has kept interest rates on hold as it warned of growing economic uncertainty linked to Donald Trump's trade war. The central bank's monetary policy committee, which meets ...
Inflation in Pakistan has been a significant and persistent economic challenge, particularly in recent years. In May 2023, the Consumer Price Index (CPI) inflation rate hit a record high of 38%.
The SNB took its key rate down to 0.25%, as inflation in the land-locked country was a paltry 0.3% in February. The SNB forecasts average inflation this year to be just 0.4% and to rise to 0.8% ...
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying ...
The federal funds rate is the main lever the Federal Reserve uses to manage the economy. In keeping with its mandate, the Fed prefers inflation to rise by 2% and for the labor market to be as ...
Egypt's annual inflation hit its slowest rate since March 2013, at 7.9 percent in August compared to 8.38 percent in July, the state-owned statistics agency CAPMAS announced Thursday. General ...
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated.The ...
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