The decision was taken in a Monetary Policy Committee (MPC) meeting of the central bank chaired by SBP Governor Jameel Ahmad. “At its meeting today, the Monetary Policy Committee (MPC) decided to cut the policy rate by 250 basis points to 15 percent, effective from November 5, 2024. The Committee noted that inflation has declined […]
The State Bank of Pakistan (SBP) in a press statement stated that its Monetary Policy Committee (MPC) will meet today, to decide on the Monetary Policy. The MPC will review the overall economic and financial situation, major indicators, data of different sectors, and major developments taken place since the announcement of the previous monetary policy. […]
In the previous policy announcement, the central bank had fixed the policy rate at 19.5 percent. The Monetary Policy Committee (MPC) of the central bank meets today to fix the policy rate for the next one and a half months. Experts expect the committee to continue monetary easing between 150-200bps, on a lower inflation outlook […]
Talking to the media, SBP Governor Jameel Ahmeed said the central bank’s Monetary Policy Committee (MPC) met earlier today and decided to reduce interest rates owing to the decline in inflation in the past months. “We have noted that the inflation is on a declining trend,” SBP Governor Jameel Ahmad said as he addressed a […]
Governor SBP Jameel Ahmad is set to announce monetary policy, with the market anticipating a second straight interest rate cut. Currently, the interest rate is 20.5 percent, while the market experts are hopeful that the rate will be slashed 100 to 150 basis points. The inflation rate in June 2024 was recorded at 12.6 percent, […]
The MPC will meet on Monday, July 29 to decide about the Monetary Policy, a press release issued by SBP said. Governor SBP Jameel Ahmad will announce the Monetary Policy decision at a press conference on the same day after the MPC meeting, it added. In the last monetary policy announcement, the State Bank of […]
