Latest News on Business, Finance and Markets from Pakistan

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News

Brecorder
brecorder.com > news > 40/43/9161 > market-expects-status-quo-as-mpc-meets-today

Market expects status quo as MPC meets today

11+ hour, 11+ min ago   (438+ words) The State Bank of Pakistan's Monetary Policy Committee is widely expected to maintain the policy rate at 11.5% today, balancing inflation concerns with improving external buffers. The State Bank of Pakistan (SBP) Monetary Policy Committee (MPC) is expected to meet today…...

Brecorder
brecorder.com > news > amp > 40439319

Wall Street Week Ahead: Investors brace for possible rate hike at uncertain Fed meeting

16+ hour, 15+ min ago   (498+ words) NEW YORK: Investors head into next week’s Federal Reserve meeting bracing for the central bank to raise interest rates, a move that could threaten a US stock market rally already showing some vulnerability to rising bond yields. For years, inflation…...

Brecorder
brecorder.com > news > amp > 40439325

Petroleum levy protest: Ahsan contacts JI???s Baloch, seeks one-day window for talks

16+ hour, 15+ min ago   (207+ words) LAHORE: Federal Minister for Planning, development and Special Initiatives Ahsan Iqbal contacted Naib Emir Jamaat-e-Islami Pakistan Liaquat Baloch and requested one day time for holding third round of negotiations between the government and Jamaat-e-Islami on the issue of petroleum levy....

Brecorder
brecorder.com > news > 40/43/9315 > latam-stocks-fx-fall-as-us-rate-hike-bets-weigh

LatAm stocks, FX fall as US rate hike bets weigh

16+ hour, 15+ min ago   (426+ words) BRASILIA: Latin American stocks and currencies fell on Friday amid fresh concerns over Brazil’s presidential election outlook and mounting expectations of a US interest-rate hike after stronger-than-expected inflation data. MSCI’s gauge of Latin American stocks dropped 1 percent and was on…...

Brecorder
brecorder.com > news > 40439294

Ahead of Fed meeting, Trump says US should have world's lowest interest rate

23+ hour, 34+ min ago   (341+ words) President Trump asserted the US should have the world's lowest interest rates, pressuring the Federal Reserve ahead of its policy meeting despite inflation data suggesting a rate hike. DOONBEG: No country should have lower interest rates than the US, President…...

Brecorder
brecorder.com > news > amp > 40439197

Prices of essential kitchen items show upward trend

1+ day, 18+ hour ago   (269+ words) ISLAMABAD: The prices of essential kitchen items have witnessed an upward trend during the last week compared to the previous week, according to a survey conducted by Business Recorder on Saturday. The wholesalers and retailers at various markets said that…...

Brecorder
brecorder.com > news > 40/43/9210 > anxious-french-consumers-cut-back-as-election-budget-battles-loom

Anxious French consumers cut back as election, budget battles loom

1+ day, 18+ hour ago   (253+ words) PARIS: A cash-strapped customer split an entrecôte steak with a companion the other day at David Zenouda’s Paris restaurant while others increasingly share starters, skip wine at lunch or opt only for a main course. It’s a sign of the…...

Brecorder
brecorder.com > news > 40/43/9223 > copper-on-track-for-first-weekly-dip-since-june-on-us-tariff-doubts

Copper on track for first weekly dip since June on US tariff doubts

1+ day, 18+ hour ago   (333+ words) LONDON: Copper prices were headed for their first weekly drop since June, even as they steadied on Friday following a steep fall in the previous session after Reuters reported that the White House had not made a decision on imposing…...

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brecorder.com > news > amp > 40439211

Gasoline likely to boost US consumer prices

1+ day, 18+ hour ago   (365+ words) WASHINGTON: US consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which would reinforce financial market expectations that the Federal Reserve could raise interest rates next week. The Labor Department’s Consumer Price…...

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brecorder.com > news > amp > 40439209

Austrian economic outlook improving

1+ day, 18+ hour ago   (198+ words) Business Recorder VIENNA: Austria’s central bank has trimmed its economic growth forecast for the country in 2026 due to a weaker-than-expected first six months of the year, but raised it for next year as the outlook is improving, it said on…...