Pak cenbank keeps interest rate at 22% amid alarming inflation surge
Monday, 18 March 2024 Pakistan's inflation rate reached an alarming 32.89% on Friday, prompting the central bank to keep key interest rates at 22% for the sixth consecutive term. "Inflation warrants a cautious approach, requires continuity of current monetary stance to bring inflation down to target range of 5 – 7% by Sept 2025", the central bank said.
In this interview with Alex Brummer (City Editor of the Daily Mail) in 2022 - when the interest rate hikes were just starting - we discussed whether Andrew Bailey is doing a good job as the Governor of the Bank of England. Alex outlined Bailey's unimpressive previous track record in finance,...
Chancellor Jeremy Hunt announces UK inflation fell to the lowest level in more than two years, to 3.4%. He would not be drawn on whether the fall would allow him to announce pre-election tax cuts in an..
Data Shows , US Wages Falling , at a 'Striking' Pace.
Fox News reports that wage growth
in the United States has slowed
significantly over the past year. .
According to new data from Indeed,
wage..
Credit: Wibbitz Top Stories Duration: 01:31Published
Powell Says , Fed Remains Reluctant to Start , Lowering Interest Rates.
On March 6, Federal Reserve Chair Jerome Powell
said that interest rates will start to drop at
some point this year, without..
Credit: Wibbitz Top Stories Duration: 01:31Published
Monday, 18 March 2024
![Chancellor hails inflation rate fall to 3.4% [Video]](https://video.newsserve.net/300/v/20240320/1369692662-Chancellor-hails-inflation-rate-fall-to.jpg)
![Data Shows US Wages Falling at a 'Striking' Pace [Video]](https://video.newsserve.net/300/v/20240319/1369527240-Data-Shows-US-Wages-Falling-at-Striking.jpg)
![Powell Says Fed Remains Reluctant to Start Lowering Interest Rates [Video]](https://video.newsserve.net/300/v/20240306/1367896710-Powell-Says-Fed-Remains-Reluctant-to-Start-Lowering.jpg)
