LAHORE: Federal Railways Minister Azam Khan Swati on Wednesday said he needs Rs 620 billion for the total upgradation of the Pakistan Railways.Talking to the media at the Pakistan Railways.
Haunted by memories of past U.S. interest rate hikes, the world's central banks are laying the groundwork for a transition to life with less global stimulus, with many countries already signalling moves to the exit.
LAHORE: Federal Railways Minister Azam Khan Swati on Wednesday said he needs Rs 620 billion for the total upgradation of the Pakistan Railways.Talking to the media at the Pakistan Railways.
While the U.S. Federal Reserve is publicly committed to keeping interest rates near zero for some time, there are growing expectations that accelerating inflation could pressure the central bank to begin seriously debating the withdrawal of monetary stimulus.
By Reuters Staff
4 Min Read
TOKYO (Reuters) -While the U.S. Federal Reserve is publicly committed to keeping interest rates near zero for some time, there are growing expectations that accelerating inflation could pressure the central bank to begin seriously debating the withdrawal of monetary stimulus.
FILE PHOTO: A man wearing a protective mask walks past the headquarters of the Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon
At the same time, central banks in other parts of the world are already adjusting monetary settings or preparing to dial back pandemic crisis-mode stimulus measures.