Balancing Growth and Inflation Targets with Monetary Policy

Pide
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Pide: Pakistan Institute of Development Economics

No 2023:5, PIDE Research Report from Pakistan Institute of Development Economics

Abstract: The Monetary Policy Statement (MPS) by the State Bank of Pakistan (SBP), dated June 12, 2023, reflects the ongoing efforts to manage inflation and promote economic growth. The MacroPolicy Lab at the Pakistan Institute of Development Economics (PIDE) has critically reviewed the MPS and offers valuable insights to policymakers. This policy note highlights the relationship between inflation and interest rates, analyzes the rationale behind the SBP’s monetary policy decisions, and discusses the challenges of balancing growth and inflation targets in the current economic landscape.

Pages: 4
Date: 2023
New Economics Papers: this item is included in nep-mon
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