US
Borrowing rate cut to a range of 0-0.25%, where it was during the 2008 global financial crisis
Reduces rates by half percentage point to target range of 1% to 1.25%
There is a tacit admission by the Governor that hot money flows are like a fair weather friend
Central bank is due to announce monetary policy statement today
Business community meets prime minister to discuss hardships
External debt peaks at 159% of total reserves at the end of last fiscal year
PM Imran Khan meets FPCCI officials who share concerns about sick industrial units
US President Donald Trump says Powell 'let us down'
Sees no strong case for hiking or cutting rates
We have companies, the greatest in the world and they’re doing really well, says Trump