Tensions with India to ‘influence’ SBP’s monetary policy decision

• Experts diverge on anticipated rate cut quantum, businesses demand substantial reduction to revive economy
• Some see status quo after tomorrow’s meeting as war-like situation expected to hike food prices

KARACHI/ISLAMABAD: Despite a long-term decline in inflation and real interest rates above 11 per cent, opinions on the State Bank of Pakistan’s (SBP) likely decision on the policy rate are divided, with trade and industry sectors advocating for a significant cut.

Researchers conducted polls to gauge market sentiment...