SBP reduces the interest rate by 100 pbps to 11% as inflation cools Blogging Sole

SBP reduces the interest rate by 100 pbps to 11% as inflation cools

 Blogging Sole

In this image, the Pakistan State Bank building in Karachi can be seen. – SBP / Website The Pakistan State Bank (SBP) lowered the key interest rate of 100 basic points (BPS), which reduces it to 11%, the change taking effect from May 6, 2025. Explaining this decision, the Monetary Policy Committee said: “Inflation has … Read more

Arsenal confident in the agreement of Martin Zubimendi despite the interest of Real Madrid – Sources – Blogging Sole

Arsenal confident in the agreement of Martin Zubimendi despite the interest of Real Madrid – Sources

 – Blogging Sole

Arsenal are convinced that they will do Real Sociedad midfielder Martín Zubimendi Their first major summer signature despite the interest of real MadridSources said to ESPN. Reports in Spain suggested that Madrid had taken a late step for the 26 -year -old, while Liverpool have also been interest. However, sources have declared to ESPN that … Read more

Trump tells Davos that he will demand a drop in interest rates and oil prices Blogging Sole

Trump tells Davos that he will demand a drop in interest rates and oil prices

 Blogging Sole

US President Donald Trump delivered a special distance speech during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 23, 2025. – Reuters Trump’s first remarks to world leaders since his inauguration. The American president severely criticizes his allies, Canada and the European Union. He declares that he will ask … Read more

Trump demands lower interest rates, says he knows more about monetary policy Blogging Sole

Trump demands lower interest rates, says he knows more about monetary policy

 Blogging Sole

U.S. President Donald Trump delivers a special speech remotely during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 23, 2025. — Reuters Trump claims to know interest rates far better than those in charge. The Fed set an interest rate target of between 4.25% and 4.5% in December. Powell … Read more