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State Bank set to unveil new monetary policy today – SUCH TV

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State Bank set to unveil new monetary policy today – SUCH TV



The State Bank of Pakistan (SBP) is all set to announce its new monetary policy today (Monday).

The Monetary Policy Committee (MPC) session, chaired by the Governor SBP will meet today to decide on the monetary policy.

According to economic experts, the policy rate is expected to remain unchanged at 11 per cent due to the prevailing flood situation in the country.

They added that the ongoing crisis is likely to drive up food prices in the coming weeks.

The State Bank’s latest data shows that inflation stood at 3 per cent in August 2025, while the current account deficit for July was recorded at $240 million.

Experts believe that despite stable inflation, the economic challenges triggered by the floods leave little room for a rate cut.

In the last monetary policy announced in June 2025, the State Bank of Pakistan (SBP) kept the interest rate unchanged at 11 per cent.

It noted the increase in inflation in May to 3.5 percent y/y was in line with its expectation, whereas core inflation declined marginally.

The monetary policy committee maintained that global oil prices have rebounded sharply, ‘reflecting the evolving geopolitical situation in the Middle East and some ease in US-China trade tensions’.

The MPC estimated that the real interest rate remains adequately positive to stabilise inflation within the target range of 5 – 7%.



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Could a digital twin make you into a ‘superworker’?

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Could a digital twin make you into a ‘superworker’?



Firms say digital twins make staff more productive, but are they a potential legal minefield?



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Netflix co-founder Reed Hastings to step down as chairman

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Netflix co-founder Reed Hastings to step down as chairman



Hastings set up the company in 1997, when it rented DVDs to customers and delivered by post.



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Trump nominates Erica Schwartz as CDC director amid turmoil around leadership, vaccine policy

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Trump nominates Erica Schwartz as CDC director amid turmoil around leadership, vaccine policy


Rear Admiral Erica G. Schwartz.

U.S. Department of Health and Human Services

President Donald Trump on Thursday nominated Erica Schwartz to serve as director of the Centers for Disease Control and Prevention, concluding a monthslong effort to choose a permanent leader of the embattled health agency. 

Schwartz, who will have to be confirmed by the Senate, would take over the role as Health and Human Services Secretary Robert F. Kennedy Jr. oversees a string of controversial health policy changes at the agency, including an overhaul of childhood vaccine recommendations.

Schwartz served as deputy surgeon general during the first Trump administration, where she played a major role in the U.S. response to the Covid-19 pandemic. She spent more than 20 year in uniform, including as rear admiral and chief medical officer of the Coast Guard.

Dr. Jay Bhattacharya had been acting director of the CDC — a title that expired last month under federal law. That law, called the Vacancies Act, limits the amount of time an acting officer can serve in place of a Senate-confirmed official to 210 days. 

Late last month marked 210 days since the most recent CDC director, Dr. Susan Monarez, was fired

A sign sits outside of the Centers for Disease Control and Prevention (CDC) Roybal campus in Atlanta, Georgia, U.S. March 18, 2026.

Megan Varner | Reuters

She has so far been the only person to serve as a confirmed CDC director during Trump’s second term, holding the role for under a month last summer. In congressional testimony in September, Monarez said she was fired after refusing Kennedy’s demands to approve vaccine recommendations she believed lacked scientific support.

It is unclear how Schwartz’s views on vaccines or other key public health policies compare with Kennedy’s.

Also on Thursday, Trump said he chose Sean Slovenski as deputy CDC director and chief operating officer, and Jennifer Shuford as deputy CDC director and chief medical officer. Shuford, as head of the Texas Department of State Health Services, led the state’s response to a massive measles outbreak last year, and credited vaccination and testing in declaring it over.

Schwartz’s nomination comes after a tumultuous several months for the agency, which is reeling from the leadership upheaval, plummeting morale, significant staff turnover and controversial changes to U.S. vaccine policy. Ahead of leadership departures last year, staff members were shaken by a gunman’s attack on the CDC’s Atlanta headquarters on Aug. 8. 

Last month, a judge blocked a critical vaccine panel’s efforts to overhaul U.S. immunization policy. That includes an effort to reduce the number of recommended childhood shots from 17 to 11.

Trust in federal health agencies has plummeted during Kennedy’s tenure as Health and Human Services secretary, according to a February poll from health policy research group KFF, with declines across the political spectrum.

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