The State Bank of Pakistan’s Monetary Policy Committee (MPC) will convene on Monday, May 5, to decide the country’s key interest rate for the next two months.
According to a statement from the SBP, the upcoming session will review prevailing economic indicators and set the direction of monetary policy.
Brokerage firm Arif Habib Limited (AHL) has projected a 50 basis point cut, which would lower the policy rate to 11.5% from the current 12%.
In its previous meeting held on March 10, the central bank opted to keep the rate unchanged. However, with inflation easing and economic stability improving, analysts now anticipate a gradual reduction in the policy rate — potentially by up to 200 basis points by year-end.
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