KARACHI: Evolving geopolitical developments in the Middle East could push up global energy and other commodity prices beyond assumed levels, thereby affecting the macroeconomic outlook, warned the State Bank’s biannual Monetary Policy Report (MRR), issued on Monday. Aligning with the State Bank’s commitment to transparency in monetary policy decisions and the MPC’s reaction function, the SBP issued its biannual MPR. The report analyses macroeconomic developments and the outlook that influenced monetary policy since the January MPC meeting. The report highlighted climate-related risks, specifically the evolving El Nino conditions and floods, which could adversely affect the economy.…
SBP warns of price spirals
Advertisement
Leaderboard ad — 728×90
Advertisement
In-article ad — fluid
This is a curated summary. The full report, with all details and context, is available from the original publisher.
Read the full story at DawnHeadline, summary and image are © Dawn and are shown here under standard aggregation practice with full attribution. News Inspection does not claim ownership of this reporting.