SBP seen holding rates steady as oil surge threatens inflation trajectory

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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