Inflation and government strategy
Inflation remains in double digits three years after the demise of the Musharraf regime; and yet blame continues to be laid at his doorstep. Initially, the two major political parties…
Interest spread, inflation and saving rates-I
The preceding few years has seen impressive financial and operating results from almost all the commercial banks in the country. Unmistakably, these across the board outstanding financial results are due…
Asia’s worries over currency volatility get in the way of rate cuts
A spurt in the US dollar and China’s defence of the yuan are forcing Asian central banks to step up interventions in their weakening currencies, and one clear casualty is…
Anatomy of ‘Debt Management Strategy’
Pakistan’s persistent fiscal imbalance has cast a negative shadow on the overall economic scenario. Unless significant and enduring fiscal reforms are initiated and implemented with full vigour, the likelihood of…
Higher-for-longer rates regime pressures US recession trades
Bond investors who had positioned portfolios defensively in anticipation of a US recession are adjusting their strategies for a surprisingly resilient economy that will likely keep interest rates higher, longer…
Euro’s stellar run in doubt as ECB muddies rate outlook
Euro bulls are set for an anxious summer ahead as doubts creep in over how far the ostensibly still-hawkish European Central Bank will go with interest rate rises. The euro…
Investors increase bets on UK recession as rate hikes bite
Markets are doubling down on bets for a UK recession after the Bank of England delivered an outsized rate hike on Thursday, steering investors away from sterling and back into…
High inflation rattles UK home loan market
Britain’s retail lenders are withdrawing fixed home-loan products, as elevated inflation sparks fears of more Bank of England interest rate hikes and worsens the cost-of-living crisis. UK banks mostly offer…
Gross financing, and medium-term economic strategy
International Monetary Fund (IMF) Country Report No. 22/288, released in September 2022 – the last such report released, since there have been no successful programme reviews completed since then, given…
Budget strategy for FY2023-24
The budget for 2023-24 will be presented by the federal government in the Parliament in the next few days. There has been a lot of speculation about the budget strategy…
