Express Tribune: SBP rules out bold interest rate cuts

The Express Tribune reports that the SBP interest rate decision rules out bold cuts, leaving the size of any change and the current policy rate unspecified in the available report.

The Express Tribune reports that the State Bank of Pakistan has ruled out bold rate cuts.

The available report does not give the policy rate, the size of any move, or a quote from the bank.

The SBP is Pakistan’s central bank; its policy rate is the benchmark banks use when pricing loans and deposits.

No trend, forecast, or history of earlier rates is included in the source used here.

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