The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) is scheduled to meet on Monday, May 5.
In a statement by SBP, the committee will decide the country’s monetary policy for the next two months during this session.
The State Bank of Pakistan is expected to lower its key policy rate by 50 basis points to 11.5%, according to a report by brokerage firm Arif Habib Limited (AHL).
In its previous meeting on March 10, the central bank kept the policy rate unchanged at 12%.
Economic analysts believe the central bank has room to reduce the interest rate by up to 200 basis points by the end of 2025, increasing the chances of a rate cut in the upcoming monetary policy meeting on Monday.
