ISLAMABAD: The State Bank of Pakistan (SBP) is set to announce its monetary policy on Monday, following a meeting of the Monetary Policy Committee (MPC) chaired by Governor Jameel Ahmed on October 27.
During the session, the committee will assess key microeconomic and macroeconomic indicators before releasing its decision on the policy rate.
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Economists suggest that, given the prevailing inflation trends, the likelihood of any change in the interest rate remains low.
A recent survey revealed that 88% of participants expect the policy rate to stay unchanged at 11%, 10% anticipate a 50-basis-point reduction, while only 2% foresee a possible one-percent cut.
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