SBP seen holding rates steady as oil surge threatens inflation trajectory
The central bank is expected to hold its key policy rate steady at a policy review on Monday, a Reuters poll showed, as rising global energy prices and regional tensions cloud the inflation outlook and limit the room for cuts. All 10 analysts in a Reuters poll expect the State Bank of Pakistan (SBP) to hold the rate at 10.5 per cent, after policymakers held the rate in January. The central bank has cut the key rate by a cumulative 11.5 percentage points since mid-2024, from a record high of...
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