KARACHI: The State Bank of Pakistan (SBP) will announce the monetary policy statement for the months of May-June on Saturday May 23, 2015.

Presently, the key interest rates stand at 8.0 percent. Given the improving current account position along with soft inflation readings for the current fiscal year, analysts believe that the central bank would further slash the key interest rate by another 50bps to 7.5 percent.