MPC Preview: Oil bites. Will SBP bite back?
When the Monetary Policy Committee (MPC) last met on September 14, three of its ten members wanted to raise rates by a full percentage point. The majority chose to wait, warning that hostilities in the Middle East were pushing oil prices higher. Six
October 26, 2026 (MLN): When the Monetary Policy Committee (MPC) last met on September 14, three of its ten members wanted to raise rates by a full percentage point. The majority chose to wait, warning that hostilities in the Middle East were pushing oil prices higher. Six weeks later, crude is trading above $114 a barrel, and the market is betting that the wait is over. Nearly six in ten participants in a Met...