Central banks should stick to ‘higher for longer’ interest rate approach: IMF WASHINGTON: Global central banks need to make clear to financial markets the probable need for interest rates to... Published 06 Feb, 2023 06:58am
Opinion The crisis was foretold Former Deputy Governor Dr Murtaza Syed in a hard-hitting article laments that the crisis facing the economy today... Updated 04 Feb, 2023 07:24am
Technology ‘Country heading towards digital catastrophe’ ISLAMABAD: The chief executive officers of Pakistan’s largest telecom companies have warned that the country is... Updated 03 Feb, 2023 10:35am
Business & Finance ECB raises rates, signals at least one more hike FRANKFURT: The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one... Published 03 Feb, 2023 06:17am
Business & Finance BoE hints rates near peak after 10th hike LONDON: The Bank of England signalled the tide was turning in its battle against high inflation after it raised... Published 03 Feb, 2023 06:17am
Markets European shares end lower but log January gain PARIS: Europe’s STOXX 600 fell on Tuesday as investors geared up for a fresh round of interest rate hikes from top... Published 01 Feb, 2023 07:26am
Business & Finance Loan demand falls as higher interest rates bite: ECB FRANKFURT: Demand for loans is falling in the eurozone as households and businesses grapple with higher borrowing... Published 01 Feb, 2023 07:06am
Markets Oil slips as rate hikes loom and Russian flows stay strong LONDON: Oil slipped on Monday as looming increases to interest rates by major central banks and signs of strong... Published 31 Jan, 2023 06:45am
Opinion Economy: it has only gotten worse Like ‘Shehbaz speed’, finance minister Ishaq Dar’s bubble has been burst as well. The ‘Dar magic’ was as... Updated 30 Jan, 2023 07:00am
Business & Finance Cooling US inflation lifts hope for smaller Fed rate hike WASHINGTON: Slowing inflation and a cooling property sector are fueling expectations that the US central bank can... Published 30 Jan, 2023 05:56am
Markets Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes Experts believe LC issue will be resolved, inflation along with remittances to increase in short term Updated 27 Jan, 2023 07:04pm
Markets Earnings optimism helps European shares snap two-day dip PARIS: European shares rose on Thursday as upbeat results eased some worries about a profit hit from higher ... Published 27 Jan, 2023 06:15am
Print Imran vows to seek IMF’s help after winning elections LAHORE: Former Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan said if he came into power in the... Published 26 Jan, 2023 05:58am
Editorials Policy rate hiked to 17pc: will it work? EDITORIAL: The most critical, albeit baffling, revelation made by the Governor State Bank of Pakistan (SBP) Jameel... Published 25 Jan, 2023 06:25am
BR Research MPS: Need more hawks SBP increased the policy rate by 1 percent to 17 percent seeing entrenched inflation expectations and sharp and... Published 24 Jan, 2023 09:56am
Print O/N reverse repo rate will now be 18pc KARACHI: As the State Bank of Pakistan ((SBP) has decided to increase policy rate (Target Rate) from 16.00 percent... Updated 24 Jan, 2023 09:04am
Print Policy rate hike unlikely to appease IMF: economists ISLAMABAD: The State Bank of Pakistan (SBP) decision to increase policy rate by 100 basis points is unlikely to... Updated 24 Jan, 2023 09:10am
Business & Finance Interest rates need to rise at 'steady pace': ECB chief ESCHBORN: European Central Bank chief Christine Lagarde said Monday that interest rates need to continue rising at a... Published 24 Jan, 2023 01:29am
Business & Finance ECB’s Stournaras says interest rate hikes must be more gradual ATHENS: The European Central Bank must raise interest rates more gradually given the economic growth slowdown in... Published 23 Jan, 2023 06:28pm
Opinion IMF – No half measures Last week it appeared that the economic reality is finally sinking into the government high-ups. The statement of... Updated 23 Jan, 2023 08:22am
Opinion Why are interest rates expected to rise? It’s that time again when speculation over the State Bank of Pakistan’s (SBP’s) monetary policy stance starts to... Updated 21 Jan, 2023 07:57am
Opinion Debt, inequality and austerity ‘In most western countries, inequality is rising, and social mobility has stalled. Our citizens are losing... Published 20 Jan, 2023 06:44am
Print SBP may hike rates by another 100bps to tame inflation KARACHI: State Bank looks set to raise its key policy rate by 100 basis points to 17% at its review on Monday as it... Updated 20 Jan, 2023 08:44am
Business & Finance Brazil retail sales post biggest drop in Nov SAO PAULO: Retail sales volumes in Brazil posted in November their biggest drop in five months, government ... Published 14 Jan, 2023 06:22am
Opinion Central Europe’s path to lower inflation strewn with hazards Romania’s 25 basis point rate hike on Tuesday may signal an end to Central Europe’s aggressive 18-month campaign... Published 11 Jan, 2023 06:44am
Opinion How to deal with Pakistan’s forthcoming currency crisis “There are no solutions. There are only trade-offs.” ? Thomas Sowell Nomura has warned that Pakistan faces currency... Published 07 Jan, 2023 06:00am
Business & Finance US job openings remain elevated; manufacturing slump continues WASHINGTON: US job openings fell less than expected in November as the labor market remains tight, which could see... Published 05 Jan, 2023 05:58am
Editorials Analysing the inflationary spiral EDITORIAL: December 2022 headline inflation (Consumer Price Index) rose by 24.5 percent as per the Pakistan Bureau ... Published 04 Jan, 2023 06:02am
Editorials Ishaq Dar’s address: misplaced optimism? EDITORIAL: Federal Finance Minister Ishaq Dar gave an impassioned virtual address to mark the first listing of the... Published 30 Dec, 2022 05:50am
Business & Finance Interest rate in 2022: climbing the hill as Pakistan's macroeconomic concerns bite Policy rate rose from 9.75% in January to a multi-decade high of 16% in November Updated 29 Dec, 2022 12:02am
