The State Bank of Pakistan (SBP) on Friday released the advance schedule of Monetary Policy Committee (MPC) meetings for the first half of 2025.
According to the calendar, the central bank will hold four meetings between January and June. The first meeting of the Monetary Policy Committee is scheduled for January 27, followed by the second meeting on March 10.
The third meeting is scheduled to be held on May 5, while the fourth meeting will be held on June 16. All meetings are scheduled for Monday.
At the previous Monetary Policy Committee meeting held on December 16, 2024, the Fed cut its key interest rate by 200 basis points, to 13%. This marks the fifth consecutive cut since June 2024 when the interest rate was 22%.
Market analysts expect further interest rate cuts as inflation continues to decline. The consumer price index (CPI)-based inflation rate fell to 4.1% in December, indicating a possible easing of monetary policy.