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Thursday, June 19, 2025

Several Central Banks Deterred from Cutting Interest Rates by Geopolitical Strains and Tariff Policy Uncertainty

The policy interest rate of the State Bank of Pakistan was maintained at 11.0%. That’s just half of the 22.0% peak level during the 12 months ending in June 2024 but still twice the 5.75% low touched in 2016. Pakistani CPI inflation last month was at 3.5%, below the central bank’s target and in line […]

* This article was originally published here

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