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Tag: Fed

Govt to impose FED on business tickets of international airlines

ISLAMABAD: The federal government is likely to impose Federal Excise Duty (FED) on the business class tickets of international airlines, ARY News reported citing...

US Fed delivers another steep rate hike with more to come

WASHINGTON: The Federal Reserve (FED) delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation taking on...

Fed cites weak US economic outlook amid ‘softening’ demand

Prospects for the US economy are flagging as high prices have forced Americans to focus more of their spending on staples and demand is...

Withholding tax for mobile services reduced up to 10 pc

The government has decided to reduce the financial burden on the common citizen by cutting the WHT rate for mobile services.

Senate committee calls for 100pc hike in FED on cigarettes

The Pakistan Muslim League-Nawaz (PML-N) Senator Kalsoom Perveen recommended increase in FED on cigarettes.

White House, Fed rolling out plans to save US economy

US President Donald Trump is drawing up a massive emergency spending package while the Federal Reserve has opened the floodgates of financing to contain the growing economic damage.

US dollar falls as expectations of a Fed rate cut rise

The US dollar index weakened on Tuesday as expectations grew that the Federal Reserve would cut interest rates this year to relieve pressure on the economy.

Fed will remain flexible, rates not on ‘preset course’: minutes

The US Federal Reserve will remain flexible and interest rates will not be on a "preset course" in the face of persistent risks from trade uncertainty and weak global growth, the central bank said Wednesday.

Fed likely to ignore Trump’s call to cut interest rates

Fed officials were in the middle of their latest two-day policy meeting when Trump made his comments.

ECB’s Draghi worried about Fed’s independence

'I’m certainly worried about central bank independence in other countrie'

Tariffs, government shutdown weigh on still-growing economy: Fed

Slowing global growth and the 35-day partial federal government shutdown weighed on the U.S. economy in the first weeks of 2019, but it continued growing amid still-tight labor markets, the Federal Reserve reported on Wednesday.

Trump blasts Fed again as ‘only problem’ in U.S. economy

WASHINGTON: President Donald Trump blasted the Federal Reserve on Monday, describing it as the “only problem” for the U.S. economy, as top officials discussed...

Fed's Lacker says economy strong enough for higher rates

WASHINGTON: Richmond Federal Reserve President Jeffrey Lacker on Saturday said he dissented at a Fed policy meeting because he thought the economy was now strong enough to warrant higher interest rates.

Stocks steady, dollar slips as Fed decision looms

NEW YORK: World stock prices held near three-week highs and the dollar fell on Thursday as investors awaited whether the U.S. Federal Reserve will end its near-zero interest rate policy.

China official blames Fed for global market rout, not yuan

BEIJING: Concerns over a possible U.S. rate rise by the Federal Reserve may have sparked a global stock market rout rather than the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on Thursday.

Asian shares lower on Fed

Hong Kong: Asian markets eased Thursday, following a lead from Wall Street, as investors looked to next week's Federal Reserve policy meeting with speculation...
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