SBP warns of price spirals

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 influence...

By none@none.com (The Newspaper's Staff Reporter)