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Tag: policy rate

SBP report on banking sector

SBP Slashes Interest Rate to 12% Amid Inflation Decline

January 27, 2025January 27, 2025Shahnawaz Akhter

Karachi, January 27, 2025 – The State Bank of Pakistan (SBP) announced a significant reduction in its benchmark policy rate, cutting it by 100 basis points to 12%. The decision, effective from January 28, 2025, was made during the Monetary Policy Committee (MPC) meeting held on Monday.

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SBP May Surprise With Significant Rate Cut in Today’s MPC

January 27, 2025January 27, 2025Shahnawaz Akhter

Karachi, January 27, 2025 – The State Bank of Pakistan (SBP) is expected to make headlines by announcing a substantial interest rate cut during today’s Monetary Policy Committee (MPC) meeting. Market experts anticipate a rate cut of at least 100 basis points (bps), which would bring the benchmark policy rate down to 12% from the […]

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SBP report on banking sector

Analysts Anticipate SBP Policy Rate Cut to 12%

January 23, 2025January 23, 2025Shahnawaz Akhter

Analysts at Arif Habib Limited predict that the State Bank of Pakistan (SBP) is likely to further reduce the policy rate to 12% in the upcoming monetary policy announcement.

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state bank of pakistan 03

SBP May Cut Policy Rate by 100bps: Topline Survey

January 14, 2025January 14, 2025Shahnawaz Akhter

A recent survey conducted by Topline Securities Limited indicates that market participants widely anticipate a 100 basis points (bps) reduction in the benchmark policy rate during the upcoming Monetary Policy Committee (MPC) meeting. The State Bank of Pakistan (SBP) is set to convene this crucial meeting on January 27, 2025.

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SBP Slashes Benchmark Policy Rate by 200 Basis Points to 13%

December 16, 2024January 30, 2026Shahnawaz Akhter

Karachi, December 16, 2024 – The State Bank of Pakistan (SBP) announced a significant cut of 200 basis points in its benchmark policy rate, bringing it down from 15% to 13%.

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state bank of pakistan 03

T-Bill Yields Fall Sharply, Hinting at Rate Cut

December 12, 2024December 12, 2024Faisal Shahnawaz

Yields on Market Treasury Bills (T-Bill) have fallen significantly, as traders anticipate a substantial rate cut from the State Bank of Pakistan (SBP) next week. This optimism stems from a sustained decline in inflation, fueling expectations of further monetary easing.

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Analysts Bet on 200 Basis Points Cut in Benchmark Policy Rate

December 7, 2024December 7, 2024Shahnawaz Akhter

Analysts at Arif Habib Limited are forecasting a 200 basis points (bps) reduction in the benchmark policy rate in the upcoming monetary policy meeting (MPC) set for December 16, 2024. This would mark the last policy announcement of the year by the State Bank of Pakistan (SBP). If this anticipated cut occurs, it would bring […]

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state bank of pakistan 03

Market Anticipates 200bps Policy Rate Cut: Topline Poll

December 3, 2024December 3, 2024Shahnawaz Akhter

Karachi, December 3, 2024 – Market participants are gearing up for a substantial monetary policy adjustment, as a poll by Topline Securities Limited suggests a majority expects a 200 basis points (bps) cut in the policy rate during the upcoming Monetary Policy Committee (MPC) meeting, scheduled for December 16, 2024.

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coins and money

RBA Holds Interest Rate Steady Amid Inflation Control Focus

November 5, 2024November 5, 2024Faisal Shahnawaz

The Reserve Bank of Australia (RBA) announced on Tuesday that it would keep its cash target rate steady at 4.35 percent. This decision comes exactly one year after the board last raised rates by 0.25 percentage points in November 2023, marking a period of stability in the bank’s approach to tackling inflation.

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KCCI Photo

KCCI Criticizes SBP’s 2.5% Policy Rate Cut as Inadequate

November 4, 2024November 4, 2024Shahnawaz Akhter

Karachi, November 4, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) expressed strong dissatisfaction on Monday with the State Bank of Pakistan’s (SBP) decision to reduce the benchmark policy rate by 2.5%, deeming the measure insufficient to address the needs of Pakistan’s business community.

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