SBP Cuts Rate to 13% Inflation at 4.9%
December 16, 2024
“At its meeting today, the Monetary Policy Committee (MPC) decided to cut the policy rate by 200 bps to 13 percent, effective from December 17, 2024,” the SBP said in a statement. It added that the inflation declined to 4.9 percent on a year-to-year basis in November 2024, in line with the ‘MPC’s expectations’. “This […]
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