Interest rates: no more room for tightening
Interest rates in Pakistan are almost at historic highs and still the country is running negative real rates on both current and forward-looking inflation. Some believe that the interest rates…
Interest rates in Pakistan are almost at historic highs and still the country is running negative real rates on both current and forward-looking inflation. Some believe that the interest rates…
While inflation has become a major topic for debate in today’s world politics, it is actually a tale as old as time. The world’s first recorded hyperinflation came during the…
Higher borrowing costs are leading to fewer US home sales, but prices are staying elevated in a holdover from the torrid peak-pandemic market. In November, existing home sales were down…
Against the backdrop of international price hikes and unprecedented floods, the economic outlook for Pakistan in the current fiscal year (2022-23) is likely to remain bleak, according to the ‘Economic…
The State Bank of Pakistan (SBP) is due to announce its next monetary policy statement (MPS) on July 7th, 2022. Recent surveys show that the vast majority of market participants…
The State Bank of Pakistan (SBP) is due to announce its next monetary policy statement (MPS) on July 7th, 2022. Recent surveys show that the vast majority of market participants…
The State Bank of Pakistan’s (SBP’s) monetary policy is normally a hot topic amongst the investment community and at certain points in time it receives broader media coverage as well.…
Since the beginning of March’20, Pakistan’s economy witnessed three economic disturbances and one expected policy revision: a) net outflow of US$ 1.3 billion from treasury bills (dubbed as ‘hot money’)…
Pakistan's interest rates have intentionally been maintained at a high level for the past months, in a miscalculated effort to control inflation by means of a contractionary monetary policy. Although…
Over the past five months, COVID-19 has restricted the business activities in the country. The government had imposed a lockdown to safeguard people from the coronavirus which eventually slowed down…