Pakistan Seen Delaying Monetary Easing Cycle on Inflation Risks
Pakistan Seen Delaying Monetary Easing Cycle on Inflation Risks
- Analysts revise forecasts to interest rate hold from a cut
- Magnitude of rate cuts for 2024 have dropped for economists
Pakistan’s central bank is seen delaying the start of its easing cycle and keeping interest rates at a record as concerns linger over inflation accelerating again despite a drop in consumer prices, according to market analysts.
The State Bank of Pakistan is likely to keep interest rates unchanged on …