In a surprising move that sent shockwaves through the financial world, Fitch, one of the major credit rating agencies, downgraded…
Pakistan Central Bank Raises Key Policy Rate to 22%: Implications and Analysis
In a surprising turn of events, the Pakistan Central Bank has decided to raise its key policy rate to an…
Oil Dips on Rate Hike Fears Amid U.S. Debt Deal
Oil prices experienced a decline as concerns over potential interest rate hikes overshadowed the positive impact of a U.S. debt…
US Credit Risk Looms: Former S&P Officials Find Vindication in 2011 Downgrade
In a concerning turn of events, the United States is once again facing credit risk, causing former officials from Standard…
Breakthrough Near: Biden, McCarthy Close to Debt Ceiling Deal to Prevent Default
As the United States faces the looming threat of a potential default on its debt, there appears to be a…
Qatar Central Bank Raises Key Interest Rates by 25 Basis Points
The central bank of Qatar has announced that it will increase its key interest rates by 25 basis points, in…
US Faces Imminent Risk of Default as Debt Ceiling Deadline Approaches; Biden Urges Congress to Act
The United States is facing an imminent risk of default as the deadline to raise the debt ceiling approaches. Unless…
Inflation Rate Cools, Wage Growth Persists: Fed Implements Rate Hike as S&P 500 Surges
The Federal Reserve’s key inflation rate has shown signs of easing, but wage growth remains hot, leading the central bank…