SBP's Husain against hasty rate increases

Ishrat Husain, the governor of the State Bank of Pakistan, said on Tuesday 11 January in an interview that the SBP will be wary of hasty interest rate hikes for fear of hampering economic growth.

"We are committed to (fighting) inflation but at the same time, we don't want to have a situation where economic recovery and economic growth momentum is stifled because of the impatient moves of the central bank," Husain said in an interview with Dow Jones Newswires.

Although core inflation is the key