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Pakistan Seen Delaying Monetary Easing Cycle on Inflation Risks.

Authors :
Mangi, Faseeh
Source :
Bloomberg.com; 4/29/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Pakistan's central bank is expected to delay its easing cycle and keep interest rates at a record high due to concerns about inflation. Despite a drop in consumer prices, analysts predict that the State Bank of Pakistan will not start easing policy. The country has the highest inflation rate in Asia, but consumer price growth has fallen below the interest rate for the first time in three years. Pakistan is currently in discussions with the International Monetary Fund for a new bailout program, which could influence economic decisions, including interest rate setting. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
176898757