Tag Archives: Interest Rates

Market Overview Asian markets showed resilience on Monday, recovering from last week’s turbulence driven by concerns over a potential US recession. Investors are now turning their attention to the release of crucial inflation and retail data, which could influence future Federal Reserve decisions. Recovery from Recent Decline Following a sharp decline triggered by disappointing US job creation figures, equities rebounded, …

On Wednesday, Jameel Ahmad, the Governor of Pakistan’s central bank, addressed the National Assembly Standing Committee on Finance, providing a mixed outlook for the country’s economy. Ahmad projected that inflation might surge in the coming months due to recent budgetary measures, rising energy prices, and ongoing geopolitical tensions in the Middle East. Despite these challenges, he assured that the foreign …

Shinichi Uchida, Deputy Governor of the Bank of Japan (BOJ), has signaled that the central bank will refrain from increasing interest rates while market conditions remain unstable. Uchida’s comments, made on Wednesday, contrast with the recent hawkish stance of BOJ Governor Kazuo Ueda, who last week surprised markets with an unexpected interest rate hike. Uchida’s remarks came amid sharp market …

Global companies are adjusting their full-year sales and profit expectations downward due to mounting challenges from higher interest rates and a weakening Chinese economy. These factors are impacting consumer sentiment and dampening the recent earnings growth that had buoyed investor optimism. Several major corporations, including McDonald’s, Nissan, Tesla, Nestlé, and Diageo, have fallen short of investor expectations. Despite approximately 40% …

Federal Finance Minister Mohammad Aurangzeb recently suggested that there may be opportunities for further reductions in interest rates. Speaking at an event hosted by the Karachi Chamber of Commerce, Aurangzeb emphasized the crucial role of effective macroeconomic governance in fostering economic growth. He noted that structural issues in the economy often lead to balance of payment problems, particularly as growth …