SBP likely to cut policy rate for seventh consecutive time amid easing inflation
KARACHI – The Monetary Policy Committee of the State Bank of Pakistan is all set to announce the revised policy rate with business men expecting another cut in it. The central bank will announce the interest rate for next two months.
It is yet to see whether the rate is kept unchanged or revised down in line with the anticipation. Experts are of the view that the policy rate would be deceased to further accelerate the business activities in the country. A significant drop in inflation rate beyond the projection can lead to seventh consecutive cut in the interest rate. It is recalled that MPC had slashed the policy rate by 10 percent in its previous six sessions. In January 2025, it decreased the rate by one percent to 12pc.Wall St Week Ahead Rocky US stock market faces inflation data testIsrael cuts off electricity supply to Gaza, affecting a desalination plant producing drinking waterFIA arrests 'key suspect' in Greek boat tragedyOmar Ayub claims opposition alliance uniting on common agenda
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