India  

Pak cenbank keeps interest rate at 22% amid alarming inflation surge

IndiaTimes 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.
0
shares
ShareTweetSavePostSend
 
Video Credit: Rumble - Published
News video: Is Andrew Bailey a good Bank of England Governor? Interview with Alex Brummer

Is Andrew Bailey a good Bank of England Governor? Interview with Alex Brummer 00:55

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,...

You Might Like


Related videos from verified sources

Key Federal Reserve Inflation Gauge Rose 2.8% in March [Video]

Key Federal Reserve Inflation Gauge Rose 2.8% in March

Key Federal Reserve Inflation Gauge , Rose 2.8% in March. According to Commerce Department data released on April 26. the personal consumption expenditures (PCE) price index, not including food or..

Credit: Wibbitz Top Stories     Duration: 01:30Published
IMF Warns of Broad Global Impact Due to Conflict in the Middle East [Video]

IMF Warns of Broad Global Impact Due to Conflict in the Middle East

IMF Warns of Broad Global Impact, Due to Conflict in the Middle East. According to 'The Guardian,' the International Monetary Fund recently highlighted the risks of escalating conflict in the Middle..

Credit: Wibbitz Top Stories     Duration: 01:31Published
Fears of Potential Iranian Attack Drive US Stocks Down Nearly 500 Points [Video]

Fears of Potential Iranian Attack Drive US Stocks Down Nearly 500 Points

Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points. CNN reports that United States stocks dropped on April 12 amid rising tensions in the Middle East pushing traders to..

Credit: Wibbitz Top Stories     Duration: 01:31Published