The State Bank of Pakistan (SBP) is set to announce its first monetary policy of the year on January 27, 2025.
Experts predict a possible one percent reduction in the interest rate, following the decline in inflation.
The central bank has called a meeting of its Monetary Policy Committee on Monday, with the decision to be unveiled by the Governor of SBP in a press conference. In a recent statement, the Governor had indicated that the interest rate would be reviewed this month.
Currently, the base interest rate stands at 13%. According to experts, with inflation showing signs of slowing down, a further reduction in the interest rate is expected. Prime Minister Shahbaz Sharif has already hinted at a possible rate cut in the coming weeks.
