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The Monetary Policy Committee (MPC) decided to maintain the policy rate at 12% in its meeting on March 10, 2025. Inflation in February dropped more than expected due to lower food and energy prices. However, the committee highlighted risks from price volatility, which could reverse the declining trend in inflation. Core inflation remains high, and …
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The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is set to announce its key interest rate decision shortly. Many analysts are anticipating a substantial cut of 200 basis points (bps). This move follows recent reductions aimed at stimulating economic growth amid slowing inflation and declining oil prices. Background of Recent Rate …
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The State Bank of Pakistan (SBP) reduced its key policy rate by 200 basis points to 17.5%, effective from September 13, 2024, as inflation fell to 9.6%, marking the first single-digit figure in three years. The Monetary Policy Committee (MPC) noted that inflation dropped faster than expected, due to delayed energy price hikes and lower …
Continue reading “SBP Cuts Interest Rate to 17.5% as Inflation Drops”
