Posted inBuisness
SBP Cuts Interest Rate to 11%, Surpassing Market Forecasts
KARACHI: The State Bank of Pakistan (SBP) announced on Monday that it had cut its key interest rate by 100 basis points, lowering it to 11%. This move comes as…
US Federal Reserve Starts Meeting, Anticipates Final Rate Cut of 2024
The US Federal Reserve commenced its final interest rate meeting of the year on Tuesday, with many expecting another rate cut and indications that the pace of future cuts will…