Published January 25th, 2022
SBP is indicating that the interest rates have peaked
In line with the forward guidance provided in the last monetary policy, SBP kept the policy rate unchanged at 9.75% in its Jan-22 Monetary Policy Statement (MPS), after consecutive hikes in last four meetings totaling 275bps. SBP now has a more comfortable posture on the existing monetary setting, mainly due to the contractionary stance of ... […]