Pakistan Inflation Eases for a Fourth Month on Record Rates

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Pakistan’s inflation slowed in April for the fourth straight month as record borrowing costs reined in economic growth and domestic demand.

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Lagarde Says ECB Moving Toward Rate Cut If Inflation Eases MoreThe European Central Bank is closing in on a reduction in interest rates as long as shocks don’t derail the slowdown in euro-zone inflation, according to President Christine Lagarde.
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Pakistan Seen Delaying Monetary Easing Cycle on Inflation RisksPakistan’s central bank is seen delaying the start of its easing cycle and keeping interest rates at a record as concerns linger over inflation accelerating again despite a drop in consumer prices, according to market analysts.
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