While the International Monetary Fund (IMF) continues to not provide a much-needed special drawing rights (SDRs) allocation, and instead pushes countries, including Pakistan, under its programmes to adopt austerity and…
Mounting labour shortages and surging wages across Central Europe are nudging inflation higher, prompting some central banks in the fast-growing region to tighten policy after years of monetary easing. The…
The Stand-By Arrangement (SBA) documents uploaded on the International Monetary Fund (IMF) website this Tuesday past, 18 July, added monetary policy mis-calibration to the risk assessment matrix – missing from…
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…
To market participants’ surprise, SBP (State Bank of Pakistan) has increased the policy rate by one percent (100 basis points) to 16 percent. Although some market participants were not expecting…
‘Today American policymakers face a stark choice. Either, they can fight inflation by continuing to hike interest rates to generate unemployment and bring down aggregate demand. Or, they can employ a surgical…
The statement from Dr. Murtaza Syed, Acting Governor the SBP (State Bank of Pakistan) that monetary policy ‘will not risk creating economic recession to bring inflation down and real positive…
Some investors may be getting ahead of themselves as they price in a move by the Federal Reserve to pivot away from an ultra-easy monetary policy sooner than most expected…
As speculation about interest rate rises and policy 'normalisation' in the euro zone, Japan, Britain and China falls away rapidly, the U.S. Federal Reserve's now lonely monetary tightening has suddenly…
The decision is right; but the script misses a few key risks. The policy rate will remain unchanged after the fifth consecutive monetary policy review on Saturday. The inflation has…
