SBP Holds Interest Rates Steady for 6th Time as Inflation Eases But Remains High
- SBP kept policy rate unchanged at 22% for 6th consecutive meeting
- First policy decision under new government, ahead of IMF review for loan disbursement
- Inflation has declined but still remains high with upside risks
- Economic activity showing moderate pickup recently
- SBP taking cautious approach to bring inflation down to 5-7% target range
