Tag: Inflation rate

Pakistan Economy to Slow Down in FY2023: ADB
Economy

Pakistan Economy to Slow Down in FY2023: ADB

The Pakistan economy is expected to slow down to 3.5% in FY2023 amid the destroying floods, policy tightening, and critical efforts to overcome quite large fiscal and external imbalances, the Asian Development Bank (ADB) said in a report released Wednesday. The deceleration in the fiscal year 2023 (which ends on June 30, 2023) has been […]

Wall Street Continued its Fourth Consecutive Positive Sequence
Trending news

Wall Street Continued its Fourth Consecutive Positive Sequence

Wall Street Continued its Fourth Consecutive Positive Sequence Wall Street continued its positive sequence on Monday, resulting in a sharp high close while investors awaited crucial inflation data which could provide clues about the duration and gravity of the Federal Reserve policy. Technology and Energy stocks helped three main US stock indexes touch the two-week […]

US inflation expected to fall
Trending news

US inflation expected to fall

According to a survey issued by the Federal Reserve Bank of New York on Monday, US inflation is expected to fall to the lowest level since February. The median expectation of one-year inflation dropped 0.6 percentage points to 6.2% in July, compared to 6.8% in June, the survey said. Three-year inflation expectations fell 0.4 points […]

Fed Chair Powell Speaks Live Today
Trending news

Fed Chair Powell Speaks Live Today

The US Fed Chair Powell speaks live today pointing out that growth can be slower in dealing with soaring inflation. He also said at European Central Bank Forum on Central Banking 2022 in Sintra, Portugal that this world has been facing serious issues regarding the economy. Since the pandemic, the economy has been driven by […]