Economists urge SBP to hold rate at 11.5%
Economists are advising the State Bank of Pakistan to maintain its policy rate at 11.5% during the upcoming July meeting. Despite cooling inflation, experts warn that underlying price pressures and external economic risks necessitate a cautious approach.
Why it matters
Monetary policy decisions in Pakistan significantly impact the cost of living and the country's broader economic recovery trajectory.
--> Home Business Economists urge SBP to hold rate at 11.5% Core inflation stays above 8% as PIDE report warns of oil price shock, external risks
facebook --> twitter --> whatsup --> linkded --> email MORE (3) Messenger Whatsapp --> KARACHI: With inflation cooling but still refusing to settle, and an uneven economic recovery leaving little room for another monetary squeeze, economists have recommended that the State Bank of Pakistan (SBP) keep its policy rate unchanged at 11.5% at its July 27 monetary policy meeting.
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