Today, SBP will release its first 2025 monetary policy.
Today, SBP Governor Jameel Ahmad will chair the Monetary Policy Committee (MPC), which will evaluate the monetary policy. Because inflation has recently decreased, analysts anticipate a potential 1% interest rate cut.
The SBP has lowered the policy rate by 9% in the last seven monetary policy announcements, it should be noted.
At the moment, Pakistan’s interest rate is set at 13%.
SBP Governor Jameel Ahmed will hold a news conference following the MPC meeting to announce the new policy rate.
For the economy to remain stable and to combat inflation, monetary policy is essential. By controlling the money supply and demand, tactics like changing interest rates can reduce inflationary pressures.
When properly executed, these policies have the potential to lower inflation, boost buying power, boost economic confidence, and provide a stable atmosphere for long-term growth and development.