{"id":73027,"date":"2025-05-05T11:24:21","date_gmt":"2025-05-05T06:24:21","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=73027"},"modified":"2025-05-05T11:24:21","modified_gmt":"2025-05-05T06:24:21","slug":"sbp-likely-to-cut-interest-rate-in-new-monetary-policy-today","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/sbp-likely-to-cut-interest-rate-in-new-monetary-policy-today\/","title":{"rendered":"SBP likely to cut interest rate in new Monetary policy today"},"content":{"rendered":"<p>ISLAMABAD: The<a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/sbp-announces-bank-holidays-for-eidul-fitr-2025\/\"> State Bank of Pakistan<\/a> (SBP) will announce the Monetary Policy (MPC) on Monday, which is expected to overlook the financial and fiscal situation of Pakistan.<\/p>\n<p>The MPC will <span class=\"diff-highlight\">examine<\/span> <span class=\"diff-highlight\">the<\/span> overall financial and fiscal situation, major economic indicators, <span class=\"diff-highlight\">the<\/span> <span class=\"diff-highlight\">study<\/span> of <span class=\"diff-highlight\">multiple<\/span> sectors<span class=\"diff-highlight\">,<\/span> and major developments <span class=\"diff-highlight\">that<\/span> <span class=\"diff-highlight\">have<\/span> taken place since <span class=\"diff-highlight\">the<\/span> announcement of the previous monetary policy, while its decisions will be <span class=\"diff-highlight\">communicated<\/span> by the central bank through the<a href=\"https:\/\/dailyausaf.com\/en\/business\/state-bank-to-announce-monetary-policy-tomorrow\/\"> Monetary Policy Statement<\/a> on the same day.<\/p>\n<p><span class=\"diff-highlight\">Market<\/span> <span class=\"diff-highlight\">experts<\/span> <span class=\"diff-highlight\">expect<\/span> <span class=\"diff-highlight\">that<\/span> <span class=\"diff-highlight\">the<\/span> <span class=\"diff-highlight\">State<\/span> <span class=\"diff-highlight\">Bank<\/span> <span class=\"diff-highlight\">of<\/span> <span class=\"diff-highlight\">Pakistan<\/span> will <span class=\"diff-highlight\">decrease<\/span> the interest rate by 50 to 100 bps as the <span class=\"diff-highlight\">opening<\/span> interest rate <span class=\"diff-highlight\">is<\/span> <span class=\"diff-highlight\">currently<\/span> 12 per cent.<\/p>\n<p>In the FY2024- 25, SBP has <span class=\"diff-highlight\">decreased<\/span> <span class=\"diff-highlight\">the<\/span> interest rate by 10 per cent <span class=\"diff-highlight\">due<\/span> <span class=\"diff-highlight\">to<\/span> improvement in the economic <span class=\"diff-highlight\">indicators<\/span>. <span class=\"diff-highlight\">Additionally<\/span><span class=\"diff-highlight\">,<\/span> inflation <span class=\"diff-highlight\">is<\/span> <span class=\"diff-highlight\">reported<\/span> <span class=\"diff-highlight\">to<\/span> <span class=\"diff-highlight\">have<\/span> <span class=\"diff-highlight\">decreased<\/span> in April 2025, <span class=\"diff-highlight\">whilst<\/span> the current account is also surplus with $1.20bln.<\/p>\n<p>The MPC, in its previous meeting on March 10, 2025, <span class=\"diff-highlight\">indicated<\/span> a cautious approach <span class=\"diff-highlight\">by<\/span> <span class=\"diff-highlight\">retaining<\/span> the policy rate at <span class=\"diff-highlight\">10<\/span> per cent <span class=\"diff-highlight\">at<\/span> <span class=\"diff-highlight\">the<\/span> <span class=\"diff-highlight\">time<\/span> <span class=\"diff-highlight\">of<\/span> <span class=\"diff-highlight\">the<\/span> <span class=\"diff-highlight\">previous<\/span> <span class=\"diff-highlight\">Monetary<\/span> <span class=\"diff-highlight\">Policy<\/span> <span class=\"diff-highlight\">statement<\/span><span class=\"diff-highlight\">,<\/span> taking <span class=\"diff-highlight\">into<\/span> <span class=\"diff-highlight\">consideration<\/span> inflation expectations and position of external account.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The State Bank of Pakistan (SBP) will announce the Monetary Policy (MPC) on Monday, which is expected to overlook the financial and fiscal situation of Pakistan. The MPC will examine the overall financial and fiscal situation, major economic indicators, the study of multiple sectors, and major developments that have taken place since the announcement [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":12424,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[599,28424,28423],"class_list":["post-73027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-state-bank-of-pakistan","tag-cut-in-interest-date","tag-monetary-policy"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/73027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=73027"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/73027\/revisions"}],"predecessor-version":[{"id":73028,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/73027\/revisions\/73028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/12424"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=73027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=73027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=73027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}